Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Delisting

n. The suspension of the privilege of having a security listed on an exchange. Delisting results from failing to meet the exchange's listing requirements, as by not complying with the minimum net-asset .requirement. - delist, vb. Cf. DEREGISTRATION. Delit See DELICT.

Listing

1 Real estate. An agreement between a property owner and an agent, whereby the agent agrees to try to secure a buyer or tenant for a specific property at a certain price and terms in return for a fee or commission. - Also termed listing agreement.

dual listing

See LISTING (2).

exclusive authorization-to-sell listing

See exclusive-cogency listing under LISTING 1

exclusive listing

See LISTING (1)

exclusive-agency listing

A listing providing that one agent has the right to be the only person, other than the owner, to sell the property during a specified period. - Also termed exclusive-authorization-to-sell listing.

general listing

See open listing under LISTING (1).

listing agent

The real-estate broker's representative who obtains a listing agreement with the owner. Cf. SELLING AGENT.

listing agreement

See LISTING (1;

multiple listing

See LISTING (1).

net listing

A listing providing that the agent agrees to sell the owner's property for a set minimum price, any amount over the minimum being retained by the agent as commission. - Also termed net sale contract.

net listing.

See LISTING (1)

nonexclusive listing

See open listing under LISTING (1).

open listing

See LISTING (1).

simple listing

See open listing under LISTING (1).