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Listing Agreement: Must have the following verbiage verbatim: "Seller may cancel this Agreement prior to the ending date of the listing period without advance notice to the Broker, and without payment of a commission or any other consideration if the property is conveyed to the mortgage insurer or the mortgage holder. The sale completion is subject to approval by the mortgagee." Any changes or corrections on the listing agreement must be initialed by all parties including the agent. Purchase Contract: Must have the following verbiage verbatim: “Sale is contingent upon the seller obtaining the prior written approval of Bank of America.” Must have the following verbiage verbatim: “All parties agree and understand that the closing will be held within 60 days of short sale approval” ALL PAGES OF THE CONTRACT MUST BE INITIALED AND DATED BY ALL PARTIES INCLUDING THE AGENTS.