Standard clauses - 2 - Amendments to the Brokerage Contract

2.1 – Off the market

The parties agree to take the IMMOVABLE off the market. Consequently, the BROKER or the AGENCY shall suspend all activities for the purpose of selling the IMMOVABLE, including all advertising. The contract shall remain in effect until its expiration as pertains to all other rights and obligations set out thereunder.

Note: It is important to explain to the seller the consequences of this clause, including as concerns the broker’s right to remuneration in accordance with the clause “Remuneration plus taxes” of the appropriate brokerage contract to sell form for the period remaining in the contract.

If this clause is used and where it amends a mandatory brokerage contract form, it must be included in an Amendments form.

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Last updated on: November 21, 2014
Reference number: 200393