Listing Contract – Exclusive Right to Sell and/or Lease Commercial Property
Form XLSC
About the Exclusive Right to Sell and/or Lease Commercial Property
The Exclusive Right to Sell and/or Lease Commercial Property (Form XLSC) establishes an exclusive agency with the property owner, whether they are looking to sell or lease a property. This is a binding agreement for both the broker and the owner. Neither party has an automatic right to terminate the contract unless both sides negotiate that sort of term in writing.
Latest Content
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A New Form: Form BRB
- February 27, 2026
- 4 min. read
“What form should a buyer use to request their deposit be returned by the broker?” To address this recurring issue, we have created a new form, the Buyer’s Request to Broker for Deposit.
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Webinar Recap: Standard Forms Update
- February 16, 2026
- 3 min. read
PAR Associate Counsels Kacy Clouser and Paige Perrucci were joined by Standard Forms Committee Chair Sylvia Hess-Albright and Vice Chair Dominic Janidas to cover a behind-the-scenes look at the standards forms process and introduce a new form.
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The Importance of Reading Your Forms
- November 14, 2025
- 5 min. read
The specific words of a contract create a binding legal relationship between the parties, so it’s important to know exactly what those words are to best represent your clients and your brokerage.
