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[0] COL - Cancellation of Listing [2] 4/11 [3] Contract Law and Real Estate Transactions [1] 
The Cancellation of Listing documents the agreement between a seller and a listing broker when a property will not be marketed anymore during the remaining term of an unexpired listing agreement or when a seller and a listing broker decide that they are unable to continue to work together. Options exist whereby (i) a listing broker agrees to accept a sum certain in exchange for giving up the right to market and sell the property, (ii) the listing broker will release the seller without any immediate financial obligation unless the seller in fact sells the property during the listing term and (iii) the broker and client will depart without any continuing financial or other obligations flowing from one to the other.
C.A.R. Standard Forms Informational Chart
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