Seller/Lessor agrees that Property will be offered to any person without regard to race, color, religion, sex, handicap,
familial status, national origin, or any other factor protected by federal, state, or local law.
Seller/Lessor certifies and represents that Seller/Lessor is legally entitled to convey the Property and all improvements.
All Listings are Subject to the Approval, Rules and Regulations of the MLS: Any listing taken on a contract to be filed with
the Multiple Listing Service is subject to the rules and regulations of the MLS upon signature of the Seller/Lessor.
Seller/Lessor may cancel the listing at any time prior to a executed sales/rental contract. Seller/Lessor may not
terminate this agreement while the Property is under a sales/rental contract. If this agreement expires while the
property is under contract; Seller/Lessor must comply with the terms of this agreement.
It is the Seller’s/Lessor’s responsibility to notify Multiple Listing Solutions in writing; and within 24 hours of any
and all changes affecting the status of the Property. Status changes include: Entering into Contract, Closing of
Contract, Termination of Sale, Change of Listing Price and Change of Cooperating Commission. Failure to notify
Multiple Listing Solutions within 24 hours may result in the MLS listing being cancelled and/or a fine as per MLS
Rules/Regulations. Seller/Lessor agrees to be fully liable for any fines imposed by the MLS and/or pertaining Realtor
Association to Multiple Listing Solutions as a result of Seller’s/Lessor’s failure to submit any changes in status.
Status changes will not be considered effective until Multiple Listing Solutions is notified in writing and changes are
applied to the MLS. Multiple Listing Solutions my take up to 72 business-hour
s (not Including weekends, holidays,
and postal holidays) after the authorized change is received, to apply the changes.
Seller/L
essor agrees to make the Property available to MLS members, at all reasonable hours, for showings to
prospective Buyer/Lesser, during the term of this Agreement.
In the event the Property is sold, optioned, contracted to be sold or leased to a prospect procured by a Broker who is
a member of the MLS; Seller/Lessor will offer a cooperating commission in the amount of: ________% of the
sales/rental price; or a flat fee of: $_____________________to the Broker who procures the prospect.
Seller/Lessor authorizes Multiple Listing Solutions to make an offer of compensation equal to the cooperating
commission to all Brokers who are members of the MLS. The fee shall be paid to Broker by Seller/Lessor in the event of
sale, at time of closing the sale; or in the event of lease at time of lease execution. Broker’s fee is due if Seller/Lessor
defaults on an executed sales/rental contract with Prospect, or if Seller/Lessor agrees with Prospect to cancel and
executed sales/rental contract.
Seller/Lessor understands that by placing their Property on the MLS, Seller/Lessor is agreeing to cooperate with any
Broker who is a member of the MLS. Seller/Lessor grants Brokers who are members of the MLS permission to advertise
this listing in the media; thus, allowing any Broker who is a member of the MLS permission to actively market the Property
in attempt to find a prospect
Seller/Lessor agrees to notify Multiple Listing Solutions immediately if a procuring cause issue arises and to fully
cooperate and comply with any arbitration decisions reached by the MLS and the Realtor Association in regards to such
procuring cause issue. Seller/Lessor further agrees to compensate Multiple Listing Solutions for any and all fees, fines
and commissions damages incurred by Multiple Listing Solutions as a result of such arbitrations.
Seller/Lessor agrees to indemnify Multiple Listing Solutions and hold Multiple Listing Solutions harmless from
losses, damages, costs, fines, and expenses of any nature, including attorney's fees, and from liability to any person, that
Multiple Listing Solutions incurs because of (1) Seller's/Lessor’s negligence, representations, misrepresentations,
actions, or inactions; (2) the use of a lock box; (3) the existence of undisclosed material facts about the Property; or (4) a
court or arbitration decision that a broker who was not compensated in connection with a transaction is entitled to
compensation from Multiple Listing Solutions. This clause will survive Multiple Listing Solutions’ performance and the
transfer of title.
Seller/Lessor agrees to make all legally required disclosures, including all facts that materially affect the Property's value
and are not readily observable or known by the buyer. Seller will immediately inform Multiple Listing Solutions of any
material facts that arise after signing this Agreement.
Seller/Lessor grants Multiple Listing Solutions the right to authorize dissemination of sales information prior to
settlement to the MLS for its Participants.