In order to eliminate mistakes and provide Client level of fiduciary care, a constant revision to registrant's
standard clause list should be accomplished with diligent oversight by as many qualified sets of eyes as possible.
Not exact matches
They should, in particular, pay very careful attention to the
clauses that are not
listed in the
standard form, and ask about any other coverage they might need.
Many Agreements of Purchase and Sale will include a largely
standard «no assignment»
clause, which disentitles the original buyer from «directly or indirectly» taking any steps to «lease,
list for sale, advertise for sale, assign, convey, sell, transfer or otherwise dispose of» the property or any interest in it.
The «
standard form» Exclusive Buyer's Agency Contract available through real estate boards states in
clause 4B that «Prior to the Buyer making an offer to purchase a property, the Buyer's Brokerage will advise the Buyer of the total amount of remuneration offered by the seller and the
listing brokerage to be paid to the Buyer's Brokerage for assisting in obtaining a buyer for that property.»