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legal Definition of listing 1: an arrangement, agreement, or contract for the marketing of real property through one or more real estate agents usually for a specific period â called also listing agreement â
The Purchase Agreement is an official legal document and usually includes items like: 1  The purchase price of the home. Make sure the contract specifically states that the price can not be changed. 2  Who is responsible for what closing costs. There are many closing costs involved in purchasing a home.