Read Addendum No #1 - 10/01 text version


(C.A.R. Form ADM, Revised 10/01) The following terms and conditions are hereby incorporated in and made a part of the: Manufactured Home Purchase Agreement, Agreement, Business Purchase Agreement,


Residential Purchase Agreement, Residential Lease or Month-to-Month Rental Commercial Property

Vacant Land Purchase Agreement, Residential Income Property Purchase Agreement, Purchase Agreement, X other Residential Listing Agreement dated in which and

August 10, 2100

, on property known as 1234 Main St, Anytown, USA 00000

Joe Seller, Mary Seller

is referred to as ("Buyer/Tenant") is referred to as ("Seller/Landlord").

1. Listing Agent hereby agrees not to represent Buyers (Dual Agent) in the sale of the Property referred to herein unless specifically instructed and authorized by the Seller in writing to do so, subject to the acceptance of the Buyer. 2. Listing Agent hereby agrees to refer any prospective Buyers to a Selling or Buyer Agent not participating in the representation of the Seller's Property. Said Buyer Agents may or may not be associates of the Listing Agent's office. 3. Seller acknowledges that it is customary for Agents receiving referrals to compensate the referring Agent with a "referral fee" taken from a percentage of the Buyer's Agents commission. The listing Agent may or may not receive such referral fees. 4. Listing Agent agrees to notify the Seller of any referral fees agreed to within 24 hours of agreement or prior to Seller responding to a Purchase Offer, which ever comes first. 5. Seller acknowledges that even with the Listing Agent's agreement not to represent Buyers, a condition of Dual Agency may exist should another Agent from the Listing Agent's brokerage represent the Buyer. Please refer to C.A.R. Form DA for additional information. 6. Listing Agent agrees to cancel this Agreement upon seven days written notice for any reason, however, if Seller enters into a Purchase Agreement for subject property within 30 days of the termination date, section 4 of the Listing Agreement shall remain in effect and commissions shall be due to Listing Agent.

The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. Date Buyer/Tenant Buyer/Tenant Date Seller/Landlord Seller/Landlord

Joe Seller Mary Seller

The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats. Copyright© 1986-2001, CALIFORNIA ASSOCIATION OF REALTORS®, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is available for use by the entire real estate industry. It is not intended to identify the user as a REALTOR®. REALTOR® is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics.

Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. a subsidiary of the California Association of REALTORS® 525 South Virgil Avenue, Los Angeles, California 90020 ADM-11 REVISED 10/01 (PAGE 1 OF 1)

Reviewed by Broker or Designee Date


Realty Executives Advantage 9844 Hibert St., Suite G-1, San Diego CA 92131 Phone: (760) 484-7818 Fax: (760) 557-1535 Rob Rothman T6567693.ZFX


Addendum No #1 - 10/01

1 pages

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