The listing agent is the agent within the employing firm who actually acquired the listing. Listing Contract A written employment agreement that creates an agency relationship between a broker and a seller. The relationship between the loan amount and the selling price. Back to Top Marital Property Property ownership recognized in Wisconsin that views the married couple as a single unit. It establishes ownership rights and the right to manage and control the property.
Marital property is the real and personal property of all married persons.
The price a ready, willing, and able buyer actually pays for a property. The price at which a property would sell in the open market to a buyer who is under no duress, is not related to the seller, is well-informed about the property and who has been found within a reasonable amount of time. Marketable Title A title which is free from defects and encumbrances and may be transferred to another party. An Offer to Purchase that is written at the price and on substantially the terms set forth in the listing. Even if the seller does not accept this offer the broker may be owed a commission.