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Listing Release Form for Canada

Listing Release Form Template for Canada

A comprehensive legal document used in Canadian real estate transactions that establishes the formal relationship between a property owner and a real estate brokerage/agent for the purpose of listing and marketing a property for sale. The document outlines the terms and conditions under which the agent is authorized to market the property, including the listing period, commission structure, marketing permissions, and various representations and warranties. It incorporates provincial real estate regulations and federal privacy laws, ensuring compliance with Canadian legal requirements while protecting both the seller's and agent's interests throughout the listing process.

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What is a Listing Release Form?

The Listing Release Form is a crucial document in Canadian real estate transactions that formalizes the agreement between property owners and real estate professionals. This document is typically used when a property owner decides to sell their property through a real estate agent or brokerage, requiring a formal authorization for listing and marketing activities. The form includes essential details such as property information, listing duration, commission terms, and marketing permissions, while ensuring compliance with provincial real estate regulations and federal privacy laws. The document serves as both a legal contract and a practical tool for defining the scope of the agent's authority, protecting all parties' interests, and establishing clear expectations for the listing process. Each province may have specific requirements that need to be incorporated into the Listing Release Form, making it essential to adapt the document to local jurisdictional requirements while maintaining its core purpose and structure.

What sections should be included in a Listing Release Form?

1. Parties: Identifies the property owner(s) ('Seller') and the real estate brokerage/agent ('Listing Agent')

2. Background: Brief context explaining the purpose of the agreement and the property owner's intention to list the property

3. Definitions: Key terms used throughout the agreement including 'Property', 'Listing Period', 'Listing Price', and 'Commission'

4. Property Details: Legal description and address of the property being listed

5. Listing Authorization: Express authorization for the agent to list and market the property, including specific permitted activities

6. Listing Period: Duration of the listing agreement, including start and end dates

7. Listing Price: Agreed asking price for the property

8. Commission Structure: Details of the commission rate and payment terms

9. Seller's Representations: Seller's warranties regarding property ownership, condition, and authority to sell

10. Marketing Authorization: Permission for specific marketing activities, including photography, signage, and online listings

11. Privacy Consent: Authorization for collection and use of personal information in accordance with privacy laws

12. Termination: Conditions and process for ending the listing agreement

13. Execution: Signature block and date of agreement

What sections are optional to include in a Listing Release Form?

1. Multiple Listing Service (MLS) Authorization: Specific authorization for MLS listing, used when the property will be listed on MLS systems

2. Virtual Tour Authorization: Permission for creating and publishing virtual tours, used for properties where virtual tours will be created

3. Tenant Provisions: Special provisions for tenant-occupied properties, used when the property is currently rented

4. International Marketing: Additional provisions for international marketing efforts, used when targeting international buyers

5. Dual Agency Consent: Provisions for potential dual agency situations, used when the brokerage may represent both seller and buyer

6. Property Management: Additional terms for managing the property during the listing period, used for vacant properties

7. Special Showing Instructions: Specific requirements for property showings, used when there are unique showing circumstances

What schedules should be included in a Listing Release Form?

1. Schedule A - Property Details: Detailed description of the property, including lot size, room dimensions, and features

2. Schedule B - Included/Excluded Items: Comprehensive list of items included in or excluded from the sale

3. Schedule C - Property Photographs: Approved photographs and images of the property for marketing purposes

4. Schedule D - Marketing Plan: Detailed marketing strategy and activities planned by the listing agent

5. Appendix 1 - Property Disclosure Statement: Seller's disclosure of property condition and known issues

6. Appendix 2 - Commission Schedule: Detailed breakdown of commission structures and payment terms

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions


























Clauses

























Relevant Industries

Real Estate

Legal Services

Property Management

Marketing and Advertising

Financial Services

Insurance

Professional Services

Relevant Teams

Legal

Real Estate Operations

Sales

Marketing

Compliance

Business Development

Contract Administration

Property Management

Transaction Processing

Relevant Roles

Real Estate Agent

Real Estate Broker

Property Manager

Real Estate Attorney

Legal Counsel

Compliance Officer

Marketing Manager

Real Estate Photography Coordinator

Transaction Coordinator

Business Development Manager

Sales Director

Contract Administrator

Real Estate Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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