Which document would least likely require a legal description?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

A listing agreement is primarily a contract between the seller and the broker that outlines the terms of the brokerage relationship and the responsibilities of each party in the sale of a property. While the listing agreement may reference the property and provide the address, it does not typically need to include a legal description because its primary function is to convey the intent to sell rather than to transfer ownership or create rights in the property.

In contrast, a deed, mortgage, and title insurance all serve legal purposes that necessitate a precise legal description of the property. A deed transfers ownership and must clearly define the property to avoid any ambiguity. A mortgage secures a loan against the property, requiring a legal description to specify the exact property being used as collateral. Title insurance protects against defects in the title and relies on a legal description to identify the property insured under the policy.

Thus, the listing agreement is the least likely document to require a legal description since it is not involved in the actual conveyance or securing of interest in the property.

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