MLchartDataset catalogue

For sale by owner

Term · Law · MLC-T-LAW-002160

A method of selling real property where the owner directly markets and negotiates with prospective buyers without engaging a real estate broker or agent. This approach avoids commission fees but requires the seller to handle all aspects of the transaction, including advertising, showings, and legal documentation. Property owners must still comply with local disclosure laws and contractual requirements.

Table 1. Record
IdentifierMLC-T-LAW-002160
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002160",
  "term": "For sale by owner",
  "field": "Law",
  "definition": "A method of selling real property where the owner directly markets and negotiates with prospective buyers without engaging a real estate broker or agent. This approach avoids commission fees but requires the seller to handle all aspects of the transaction, including advertising, showings, and legal documentation. Property owners must still comply with local disclosure laws and contractual requirements.",
  "url": "https://mlchart.com/terminology/law/for-sale-by-owner/"
}

Record 2,069 of 5,445 in Law terminology (MLC-0107). Request the full dataset.