What are pre-prepared items in a listing agreement template called?

Pre-prepared items in a listing agreement template are referred to as boilerplate. This term describes standardized language or clauses that are commonly used in real estate contracts and agreements. Boilerplate sections often include terms and conditions that recur in multiple documents, allowing for consistency and efficiency in drafting.

Using boilerplate language helps ensure that essential legal terms are included without having to rewrite common provisions each time. These sections cover issues including obligations of the parties, terms of the agreement, and procedures for handling various situations.

Boilerplate is crucial in real estate transactions, as it streamlines the process and reduces the likelihood of errors or omissions that could occur if each document was individually crafted from scratch. This is especially valuable in real estate listing agreements where multiple properties are managed or listed.

In contrast, the other terms listed pertain to different aspects of real estate agreements or do not capture the essence of pre-prepared standard language as accurately as boilerplate does.