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Listing agreement exclusion clause example

Broker exclusion clause 2025

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The document outlines a Broker Exclusion Clause that allows homeowners to list their property with a real estate broker while providing the option to cancel the listing agreement without incurring a commission if they utilize the Home Sale Assistance program. It specifies the rights of the owner to sell to Cartus Corporation or assign offers to them, and clarifies that no commission is due until a sale is completed. Additionally, it requires the broker to provide necessary information about prospective buyers to Cartus.

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Click ‘Get Form’ to open the broker exclusion clause in the editor.
Begin by entering the File Number at the top of the form. This helps in tracking your document efficiently.
Next, fill in the Owner's Name and Property Address fields accurately to ensure proper identification of the property involved.
Review Section 1 carefully, which outlines the rights of the seller(s)/owner(s). Ensure you understand that you can sell to Cartus Corporation without incurring a commission.
In Section 2, confirm that you agree to provide necessary information about prospective buyers to Cartus. This is crucial for validating offers.
Finally, have your Real Estate Broker or Authorized Broker's Representative sign and date the document at the bottom to finalize it.

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What is an example of an exclusion clause?

Its possible for you to include terms in your sales contract to protect yourself from liability if specified things go wrong, e.g. you could include a term saying youre not legally responsible if youre late in delivering the goods. This type of term is called an exclusion clause.

What is an example of an exclusion clause in a contract?

For example, if you have limited your total liability to $100,000.00, the other party cannot claim more than $100,000.00 from you if you bdocHub the contract. This kind of exclusion excludes your liability for certain kinds of loss that may arise due to your actions/inaction.

What is an exclusion clause in real estate?

These types of clauses operate to exclude or restrict the rights of a party. For example, if a party to a contract wishes to limit its liability in the event that it bdocHubes the contract, it will usually include an exclusion clause limiting the amount of damages that the other party can claim to a specified total.

How do exclusion clauses work?

Exclusion Clauses are terms found in insurance policies which limit or restrict coverage for certain types of claims or losses. They may refer to specific situations or events which are excluded from coverage, or they may be more general and apply to a broad range of risks.

What is an example of an exemption clause?

Exemption clause excludes liability For example, the management of a company may include exemption clause such as The management shall not be liable for any death or personal injuries caused by any act, negligence, careless, reckless of omission by the employee, servants, agents whomsoever in a contract.

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