Section 230-RICR-30-20-2.26 - AgreementsA. No listing agreement or contract for the sale of real property, or any interest therein, shall contain a pre-printed fee, commission rate or commission amount.B. Upon request, the principal broker shall advise the seller of the rate or amount of any commission split or distribution.C. All listing agreements that list property with a real estate multiple listing service operation shall specify the complete name of that listing service.D. No licensee shall enter into a "net listing" contract for the sale of real property, or any interest therein.E. A listing agreement that provides for the principal broker's retention of any portion of the deposit monies upon default by the buyer shall specifically state such in large type or bold print in such a manner as to inform the seller of this contingency.230 R.I. Code R. 230-RICR-30-20-2.26
Amended effective 11/27/2019
Amended effective 5/1/2021
Amended effective 2/21/2022