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Addendum To Listing Agreement
"I need an Addendum to Listing Agreement to extend our current Dutch property listing period until March 15, 2025, and adjust the commission rate from 2% to 2.5% due to additional marketing services being provided."
1. Parties: Identification of all parties to the addendum, including the original listing agreement parties (typically the property owner and the real estate agent/broker)
2. Background: Reference to the original listing agreement including its date and parties, and brief context for why the addendum is needed
3. Definitions: Key terms used in the addendum, particularly any new terms not defined in the original agreement
4. Amendments: Specific modifications to the original listing agreement, clearly stating which sections are being modified and how
5. Effect on Original Agreement: Confirmation that all other terms and conditions of the original listing agreement remain in full force and effect
6. Governing Law: Confirmation that Dutch law continues to govern the agreement and this addendum
7. Execution: Signature blocks and execution requirements for all parties
1. Term Extension: Used when the addendum involves extending the duration of the original listing agreement
2. Price Modification: Used when changing the listing price or agent's commission structure
3. Additional Services: Used when adding new services to the original scope of the listing agreement
4. Marketing Changes: Used when modifying the agreed marketing strategy or advertising approach
5. Property Changes: Used when there are changes to the property description or condition that need to be reflected
6. Exclusivity Modifications: Used when changing the exclusivity terms of the original listing agreement
1. Schedule A - Modified Terms: Detailed outline of the specific terms being modified from the original agreement
2. Schedule B - Updated Property Information: Any new or modified property details, if applicable
3. Schedule C - Revised Commission Structure: Details of any changes to the commission or fee structure
4. Appendix 1 - Original Listing Agreement: Copy of the original listing agreement being modified
5. Appendix 2 - Supporting Documentation: Any relevant supporting documents related to the modifications (e.g., new property photos, updated market analysis)
Authors
Residential Real Estate
Commercial Real Estate
Property Development
Real Estate Investment
Property Management
Professional Services
Legal Services
Legal
Real Estate Operations
Sales
Compliance
Contract Administration
Business Development
Property Management
Document Control
Real Estate Agent
Real Estate Broker
Property Manager
Legal Counsel
Contract Manager
Real Estate Director
Sales Manager
Business Development Manager
Property Portfolio Manager
Compliance Officer
Real Estate Operations Manager
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