California Business and Professions Code 10018.14 – “Listing agreement” means a written contract between a seller of real …
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“Listing agreement” means a written contract between a seller of real property or a business opportunity and a real estate broker by which the broker has been authorized to sell the real property or find or obtain a buyer, including rendering other services for which a real estate license is required to the seller pursuant to the terms of the agreement. A “listing agreement” includes an “exclusive right to sell listing agreement,” “seller reserved listing agreement,” and “open listing agreement.”
(Added by Stats. 2018, Ch. 285, Sec. 21. (AB 2884) Effective January 1, 2019.)
Terms Used In California Business and Professions Code 10018.14
- business opportunity: shall include the sale or lease of the business and goodwill of an existing business enterprise or opportunity. See California Business and Professions Code 10030
- Contract: A legal written agreement that becomes binding when signed.
- license: means license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Section 1000 or 3600. See California Business and Professions Code 23.7
- listing: as used in this part includes, but is not limited to:
California Business and Professions Code 10027
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.