Final answer:
Standard listing agreements typically do not include provisions that disallow or limit the warranty disclaimers that are contrary to state laws. They must comply with state regulations and affirm that the invalidation of one clause does not void the entire contract.
Step-by-step explanation:
Most standard listing agreements include several key provisions, but there are some elements that they typically do not incorporate. Notably, a standard listing agreement is less likely to include clauses that disallow or limit the warranty disclaimers contrary to applicable state laws. In other words, if a state has specific laws concerning warranty disclaimers, the listing agreement cannot simply invalidate those laws. It must comply with the maximum disclaimer and limitation allowed by the state.
When considering the invalidation of any part of the agreement, a typical listing agreement would state that the invalidation of one provision does not void the entire agreement, thereby protecting the integrity of the remainder of the contract. These facets are significant in ensuring that the agreement stays within legal bounds and continues to be enforceable despite potential flaws in certain sections.
It is important to note that standard listing agreements aim to define the relationship between the property owner and their agent, including details about the agent's authority, compensation, and the duration of the agreement, among other things. However, provisions that conflict with existing state regulations, specifically those related to disclaimers and limitations of warranties, would not be included as it would render the agreement non-compliant with state law.