What document should be delivered to the property owner after signing?

What document should be delivered to the property owner after signing?

• A. Property management agreement
• B. Listing agreement
• C. Purchase agreement
• D. Lease agreement

Answer: (B)

The listing agreement is the correct document to deliver to the property owner after signing because it establishes a formal relationship between the property owner and the real estate agent or broker. This document outlines the terms under which the property will be sold, including the listing price and any specific obligations of both parties. It serves to protect the interests of the property owner while allowing the agent to effectively market and negotiate on behalf of the owner. In contrast, a property management agreement is primarily used to delegate responsibilities for managing a rental property, while a purchase agreement is related to the sale of a property once an offer has been accepted. A lease agreement typically pertains to the rental terms between a landlord and a tenant, which is not relevant in this context. Therefore, the listing agreement is the essential document for initiating the selling process and ensuring that the property owner is fully informed of the terms agreed upon.

The listing agreement is the correct document to deliver to the property owner after signing because it establishes a formal relationship between the property owner and the real estate agent or broker. This document outlines the terms under which the property will be sold, including the listing price and any specific obligations of both parties. It serves to protect the interests of the property owner while allowing the agent to effectively market and negotiate on behalf of the owner.

In contrast, a property management agreement is primarily used to delegate responsibilities for managing a rental property, while a purchase agreement is related to the sale of a property once an offer has been accepted. A lease agreement typically pertains to the rental terms between a landlord and a tenant, which is not relevant in this context. Therefore, the listing agreement is the essential document for initiating the selling process and ensuring that the property owner is fully informed of the terms agreed upon.