2. the balance of
a.
OR
b. A ready, willing, and able buyer is found, during the term of this contract, by Broker or by anyone, including Seller. A willing
buyer is one who will pay the listed price or more for the Property, or one who has submitted an offer accepted by Seller,
OR
c. Negotiations that are pending at the Ending Date of this Contract result in a sale, OR
d. A Seller signs an agreement of sale then refuses to sell the Property, or if a Seller is unable to Sell the Property because of
failing to do all the things required of the Seller in the agreement of sale (Seller default), OR
e. The Property or any part of it is taken by any government for public use (Eminent Domain), in which case Seller will pay
from any money paid by the government, OR
f. A sale occurs after the Ending Date of this Contract IF:
(1) The sale occurs within ________ days of the Ending Date, AND
(2) The buyer was shown or negotiated to buy the Property during the term of this contract, AND
(3) The Property is not listed under an “exclusive right to sell contract” with another broker at the time of the sale.
(C) If a sale occurs, balance of Broker’s Fee will be paid upon delivery of the deed or other evidence of transfer of title or interest. If
the Property is transferred by an installment contract, balance of Broker’s Fee will be paid upon the execution of the installment
contract.
If an agreement of sale is signed and settlement does not occur, and deposit monies are released to Seller, Seller will pay Broker
_________________________ of/from deposit monies.
Licensee(s) has explained Broker’s company policies about cooperating with other brokers. Broker and Seller agree that Broker will pay
a fee to another broker who procures the buyer, is a member of a Multiple Listing Service (MLS), and who:
(A) . Broker will pay __________________________________ of/from the sale price.
(B) . Broker will pay ______________________________ of/from the sale price.
(C) .
Broker will pay ___________________________________ of/from the sale price.
(A) Broker is acting as a Seller Agent, as described in the Consumer Notice, to market the Property and to negotiate with potential
buyers. Broker will use reasonable efforts to find a buyer for the Property.
(B) Seller will cooperate with Broker and assist in the sale of the Property as asked by Broker.
(C) All showings, negotiations and discussions about the sale of the Property, written or oral, will be communicated by Broker on Sell-
er’s behalf. All written or oral inquiries that Seller receives or learns about regarding the Property, regardless of the source, will be
referred to Broker.
(D) If the Property, or any part of it, is rented, Seller will give any leases to Broker before signing this Contract. If any leases are oral,
Seller will provide a written summary of the terms, including amount of rent, ending date, and Tenant’s respon sibilities.
(E) Seller will not enter into, renew, or modify any leases, or enter into any option to sell, during the term of this Contract without Bro-
ker’s written consent.
Broker may provide services to a buyer for which Broker may accept a fee. Such services may include, but are not limited to: document
preparation; ordering certifications required for closing; financial services; title transfer and preparation services; ordering insurance,
construction, repair, or inspection services.
Seller agrees that Broker and Broker’s Licensee(s) are not responsible for any damage to the Property or any loss or theft of personal
goods from the Property unless such damage, loss or theft is solely and directly caused by Broker or Broker’s Licensee(s).
(A) Broker, if named in an agreement of sale, will keep all deposit monies paid by or for the buyer in an escrow account until the sale
is completed, the agreement of sale is terminated, or the terms of a prior written agreement between the buyer and Seller have been
met. This escrow account will be held as required by real estate licensing laws and regulations. Buyer and Seller may name a non-
licensee as the escrow holder, in which case the escrow holder will be bound by the terms of the escrow agreement, if any, not by
the Real Estate Licensing and Registration Act. Seller agrees that the person keeping the deposit monies may wait to deposit any
uncashed check that is received as deposit money until Seller has accepted an offer.
(B) Regardless of the apparent entitlement to deposit monies, Pennsylvania law does not allow a Broker holding deposit monies to
determine who is entitled to the deposit monies when settlement does not occur. Broker can only release the deposit monies:
1. If an agreement of sale is terminated prior to settlement and there is no dispute over entitlement to the deposit monies. A written
agreement signed by both parties is evidence that there is no dispute regarding deposit monies.
Broker/Licensee Initials: ________ XLS Page 2 of 6 Seller Initials:________
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