Seller Agreement
Effective July 1, 2026 · Maintained by SLAB, Inc.
This Seller Agreement supplements the Terms of Service and governs your use of SLAB as a seller of real property. By publishing a listing or accepting an offer, you agree to the terms below.
1. Seller Representations
You represent and warrant that: (a) you are the legal owner of the property or are duly authorized in writing to list and sell it; (b) the property is free of undisclosed liens, judgments, or encumbrances other than those disclosed in the listing; (c) all information provided (acreage, boundaries, access, utilities, mineral rights, zoning, taxes, HOA/POA dues, easements) is true, complete, and not misleading; (d) you hold, or will obtain before closing, any licenses, permits, or approvals required to sell; and (e) the sale will not violate any court order or contract to which you are subject.
2. Listing Standards
Listings must include the parcel identifier or legal description, a fair map or coordinates, honest photographs, and the asking price. Do not use another seller's photos without permission. Do not withhold known material defects (flood risk, contamination, boundary disputes, access limitations). Duplicate listings, keyword stuffing, and off-platform contact solicitations are prohibited.
3. Fair Housing & Non-Discrimination
Listings and communications must comply with the federal Fair Housing Act and applicable state and local laws. You may not state a preference, limitation, or discrimination based on race, color, religion, sex (including gender identity or sexual orientation), disability, familial status, national origin, or any other protected class.
4. Offers & Purchase Agreement
You agree to review and respond to offers in good faith within a reasonable time. When you accept an offer, you agree to promptly enter into a written purchase and sale agreement that complies with the law of the property's jurisdiction. SLAB is not your broker or attorney; retain qualified counsel to draft or review your purchase agreement.
5. Commission & Payouts
SLAB charges a flat 3% commission on the final gross sale price, deducted from the seller's proceeds at settlement or via Stripe Connect at the time of platform-facilitated payment. You authorize SLAB to instruct the closing agent and/or payment processor to remit the commission to SLAB. If you circumvent SLAB by completing a sale off-platform with a buyer introduced through the Service within 12 months of the introduction, you agree to pay SLAB the equivalent commission plus reasonable enforcement costs.
6. Payouts via Stripe Connect
Payouts are made through Stripe Connect, subject to Stripe's Connected Account Agreement. You must complete KYC and provide accurate tax information (W-9 for U.S. persons; W-8 series where applicable). SLAB may hold funds where required to comply with law, resolve a dispute, or investigate suspected fraud.
7. Cancellations & Removals
You may withdraw an unsold listing at any time. If you withdraw after accepting an offer without legal grounds, you may be responsible to the buyer under the purchase agreement and applicable law. SLAB may remove listings that violate these terms or the Terms of Service.
8. Taxes
You are solely responsible for all taxes on your sales, including income, capital gains, transfer, and any applicable withholdings. SLAB may report payments to tax authorities as required by law and will issue tax forms (e.g., Form 1099) where required.
9. Indemnification
You agree to indemnify SLAB for any claim arising from your listing, your representations, your conduct in a transaction, or your breach of this Agreement, on the terms set forth in the Terms of Service.