Often used for commercial property, a listing given to any number of Brokers without liability to compensate any except the one who first secures a buyer who is ready, willing and able to meet the...1/22/2015
DefinitionOften used for commercial property, a listing given to any number of Brokers without liability to compensate any except the one who first secures a buyer who is ready, willing and able to meet the terms of the listing and secures the seller's acceptance. The seller may, acting alone, sell the property without paying commission.
