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LISTING CONTRACT: <br />EXCLUSIVE RIGHT TO SELL <br /> <br />1. Date <br />2. Page 1 of pages <br /> <br />3. DEFINITIONS: This Contract involves the property located at , <br />4. City of , <br />5. County of , State of Minnesota, Zip Code , <br />6. legally described as (“Property”). <br />7. Seller is (“Seller”). <br />(e.g., individual(s), estate, trust, corporation, etc.) <br />8. Broker is (“Broker”). <br />(Real Estate Company Name) <br />9. This Contract starts on , and ends at 11:59 p.m. on <br />10. . This Contract terminates upon successful closing of the Property(ies) specified <br />11. in this Contract or expiration or cancellation of this Contract, whichever occurs first. <br />12. This Contract may only be canceled by written mutual agreement of the parties. <br /> <br />13. PRICE: Seller offers the Property for sale for the price of $ , upon the following <br />14. terms: . <br /> <br />15. LISTING: Seller gives Broker the exclusive right to sell the Property. In exchange, Broker agrees to list and market <br />16. the Property for sale. Broker may place a “For Sale” sign and a lock box with keys on the Property, unless prohibited by <br />17. governing authority. Seller understands this Contract DOES NOT give Broker authority to rent or manage the Property. <br />18. Seller understands Broker may be a member of a Multiple Listing Service (“MLS”), and if Broker is a member of the <br />19. MLS, and where available, Broker may give information to the MLS concerning the Property. Broker may place <br />20. information on the Internet concerning the Property, including sold information (except as limited in the following MLS <br />21. Data Feed Options section). Upon final acceptance of a purchase agreement, Seller allows Broker to withdraw the <br />22. Property from the market. If Broker sells the Property, Broker may notify the MLS and member REALTORS® of the <br />23. price and terms of the sale. Seller acknowledges that neither Broker, the MLS, the Minnesota Association of <br />24. REALTORS®, nor any other broker is insuring Seller or occupant against theft, loss, or vandalism. <br /> <br />25. MLS DATA FEED OPTIONS: <br />26. EXPLANATIONS AND DEFINITIONS: <br /> <br />27. “IDX site” means a web site operated by a broker participating in the MLS on which the broker can advertise the <br />28. listings of other brokers in MLS, subject to certain MLS rules. The consumer visiting an IDX site is not required to <br />29. register on the site or to have a brokerage relationship with the broker displaying listings on the site. <br /> <br />30. “Virtual office web site” (“VOW”) means a web site operated by a broker participating in the MLS that delivers <br />31. brokerage services to consumers over the world wide web. Visitors to a VOW are required to register on the site (with <br />32. their name and a real e-mail address) and enter a brokerage relationship with the broker operating the VOW. The <br />33. broker operating the VOW can then show the visiting customer/client nearly all of the information available to the <br />34. broker in MLS. The seller(s) of a listing has the right to opt out of certain kinds of data display under the MLS’s VOW <br />35. policy. The MLS imposes various other rules and restrictions on VOWs. <br />36. For each of the following options, the MLS system automatically defaults to “Yes.” Seller’s instructions pertaining to <br />37. the Internet display of the MLS input data for the Property are as follows: <br /> <br />MN:LC:ERS-1:499 (8/20) <br />3588 Ridgewood Rd <br />Arden Hills <br />Ramsey 55112 <br />THAT PART LYING SLY OF KENNA ADD, NLY OF ARDEN HILLS PLAT, WLY OF HWY 51 & <br />RE/MAX Results <br />July 1st 2022 <br />December 31st 2022 <br />CASH, Construction Financing