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Chicago Association of Realtors Lease PDF  Form

Chicago Association of Realtors Lease PDF Form

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[Music] what impact does the N settlement have on listing agreements the settlement impacts listing agreements in a number of ways first the settlement practice changes require MLS participants working with sellers to disclose in the listing agreement using conspicuous language that broker commissions are not set by law and are fully negotiable if the listing agreement is a government specif IED form a separate written disclosure would satisfy this requirement second Realtors and MLS participants acting for sellers must conspicuously disclose to Sellers and obtain seller approval for any payment or offer of payment that a listing broker will make to another broker agent or other representative acting for a buyer and specify the amount or rate of such payment this disclosure must be made in writing before or any offer any payment or any agreement to pay another broker agent or representative acting for the buyer is made Realtors and MLS participants may need to take action to comply wit

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