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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
Listing Agreement: An agreement between the owner of a property and a real estate broker giving the broker the authorization to attempt to sell or lease the property at a certain price and terms in return for a commission, set fee or other form of compensation.See also Exclusive Listing Agreement.mprovements: In the context of leasing, the term typically refers to the improvements made to or inside a building but may include any permanent structure or other development, such as a street, sidewalks, utilities, etc.