A
syndication agreement is a legal contract between two parties that allows one party to distribute or publish content, such as articles, TV shows, or cartoons, created by the other party. It permits the content to be shared or sold to multiple sources or platforms for wider reach and exposure.
Full definition
Specifically the Due Diligence required of a REALTOR to ensure a clients privacy and confidentiality is protected when posting Listing Data and Listing Photos to different sites via
Listing Syndication Agreements.
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The suit also argues that
the syndication agreement should remain in effect until its original June 2016 expiration or at least for the allegedly required 30 - day contract termination notice, he added.
As part of the settlement, Trulia agreed to drop the breach of contract lawsuit it filed against Move in February, after ListHub announced it had terminated
its syndication agreement with Trulia in the wake of Trulia's acquisition by Zillow.
ListHub announced Thursday that it had terminated
its syndication agreement with Trulia in the wake of its acquisition by Zillow and would stop sending listings to Trulia on Feb. 26.
And when Leavitt further protested that he guessed he didn't know anything about syndicating, Woolworth said he would lend him a copy of
a syndication agreement to serve as a guide.
The companies entered
a Syndication Agreement which contained a sale mechanism giving a majority of the investors the right to sell the building subject to a right of first refusal of any dissenting investor to purchase it at a professionally appraised value.
Contract compliance is another major issue to address in
a syndication agreement.
The first issue to address in
a syndication agreement is the data being licensed.
How will the syndicator ensure compliance with the terms of
the syndication agreement that you've so carefully reviewed and negotiated?
In addition to the issues highlighted here, the «Checklist of - Issues to Address in
a Syndication Agreement» also addresses many general contract terms analyzed from the unique perspective of syndication, including:
Whether it is an MLS, broker, or agent agreeing to syndicate listings, it is imperative for data providers to read the contractual fine print of
any syndication agreement and to ask questions.
Some syndication agreements include very broad licensing terms, such as «perpetual,» «irrevocable,» «royalty - free,» and «for any purpose whatsoever.»
To assist members, NAR created a «Checklist of Issues to Address in
a Syndication Agreement» that is available on nar.realtor.
But a provider may control which sites the syndicator can send the listings to and how those publishers may use the listing data by adding requirements to
its syndication agreements, such as:
Although not exhaustive, the checklist provides a good foundation for understanding the terms of
any syndication agreement.
The syndication agreement's scope determines how the broker's listings will be displayed on the Internet and where the listings will be displayed by the third - party.
Whether
a syndication agreement is provided to the MLS, broker, or agent in the form of a contract or a Terms of Use page on the...
Or your MLS may decide to enter a long - term direct
syndication agreement with Zillow; and in that case, you should understand the kinds of terms you can ask for in a syndication agreement.