Which of the following is NOT typically included in a listing agreement?

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Study for the University of Central Florida REE3433 Real Estate Law Exam. Engage with flashcards and multiple choice questions, with hints and explanations for each question. Prepare effectively for your test!

The option indicating that the seller's bank account information is not typically included in a listing agreement is accurate because such sensitive financial details are not necessary for the purpose of the listing agreement. A listing agreement primarily serves to formalize the relationship between the property owner (the seller) and the real estate agent or broker, outlining terms related to the sale of the property.

In a listing agreement, it is essential to include the names of the parties involved, as this identifies who is entering into the contract. A clear description of the real estate is also crucial, as it specifies what property is being listed for sale, including its address and other identifying details. Additionally, stating the commencement and termination dates helps define the duration of the agreement, specifying when the realtor can legally market the property and when the agreement will expire.

Including bank account information would raise privacy concerns and is largely unnecessary for the transaction at this stage, as financial negotiations will occur later in the process, usually after an offer has been made and accepted. Thus, the focus of a listing agreement is on the details pertinent to the sale itself, rather than sensitive financial information that could compromise the seller's security.