What should you enter on Paragraph 15 in the Listing Agreement for Special Provisions?

What should you enter on Paragraph 15 in the Listing Agreement for Special Provisions?

• A. ENTER A DETAILED PROVISION
• B. ENTER THE SELLER'S TAX IDENTIFICATION NUMBER
• C. NOTHING - YOU'D BE PRACTICING LAW WITHOUT A LICENSE
• D. ENTER A PROVISION ON FEES

Answer: (C)

The key idea is that real estate licensees should not draft or insert new legal language into a contract. Paragraph 15 (Special Provisions) is reserved for language that is carefully prepared to be legally precise, which is something that should be done by a attorney or the broker with legal oversight. Therefore, the correct approach is to leave this section blank unless a lawyer or broker has provided an approved clause to insert. Adding a detailed provision, a fee provision, or any other legal wording would risk practicing law without a license, or creating terms that could have unintended legal consequences. If a nonstandard provision is truly needed, it should be drafted by the broker or an attorney and then added.

The key idea is that real estate licensees should not draft or insert new legal language into a contract. Paragraph 15 (Special Provisions) is reserved for language that is carefully prepared to be legally precise, which is something that should be done by a attorney or the broker with legal oversight. Therefore, the correct approach is to leave this section blank unless a lawyer or broker has provided an approved clause to insert. Adding a detailed provision, a fee provision, or any other legal wording would risk practicing law without a license, or creating terms that could have unintended legal consequences. If a nonstandard provision is truly needed, it should be drafted by the broker or an attorney and then added.