Legal Term
Undisclosed Fees in Listing Agreements
Legal Definition
Undisclosed fees in listing agreements are charges or expenses not explicitly itemized or clearly defined in the contract between a property seller and a real estate agent, potentially violating state real estate disclosure laws and fiduciary duties of full transparency.
In Plain English
These are sneaky or vague fees in your home selling contract that the agent might add later without clear warning, costing you unexpected money.
Example in a Contract
Seller shall reimburse Broker for all marketing, advertising, and promotional expenses incurred in connection with the listing and sale of the Property, including but not limited to digital marketing, professional photography, and staging costs, as determined solely by Broker in its reasonable discretion, with invoices provided upon request.
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