Common use of DUAL REPRESENTATION Clause in Contracts

DUAL REPRESENTATION. By checking "yes" and writing its initials below, Buyer acknowledges and agrees that Buyer’s 80 Designated Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may 81 be) in connection with any acquisition of Property. Buyer acknowledges and agrees that Buyer has read the following prior to executing this 82 Agreement: 83 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 84 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 85 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 86 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract 87 price, results from each party negotiating on its own behalf and in its own best interest. Buyer acknowledges and agrees that (a) 88 Broker has explained the implications of dual representation, including the risks involved, and (b) Buyer has been advised to seek 89 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 90 Agreement. 91 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:

Appears in 2 contracts

Samples: Broker Agreement, Broker Agreement

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DUAL REPRESENTATION. By checking "yes" and writing its initials below, Buyer Seller acknowledges and agrees that Buyer’s 80 the Designated 60 Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may 81 be) in 61 connection with any acquisition Transfer of Property. Buyer Seller acknowledges and agrees that Buyer Seller has read the following prior to executing this 82 62 Agreement: 83 63 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 84 64 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 85 65 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 86 66 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract 87 67 price, results from each party negotiating on its own behalf and in its own best interest. Buyer Seller acknowledges and agrees that (a) 88 68 Broker has explained the implications of dual representation, including the risks involved, and (b) Buyer Seller has been advised to seek 89 69 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 90 70 Agreement. 91 71 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:

Appears in 1 contract

Samples: Sell Listing Agreement

DUAL REPRESENTATION. By checking "yes" and writing its initials below, Buyer Seller acknowledges and agrees that Buyer’s 80 the Designated 59 Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may 81 be) in 60 connection with any acquisition Transfer of Property. Buyer Seller acknowledges and agrees that Buyer Seller has read the following prior to executing this 82 61 Agreement: 83 62 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 84 63 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 85 64 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 86 Seller Initials: Seller Initials: _ Broker Initials: Broker Initials: 65 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract 87 66 price, results from each party negotiating on its own behalf and in its own best interest. Buyer Seller acknowledges and agrees that (a) 88 67 Broker has explained the implications of dual representation, including the risks involved, and (b) Buyer Seller has been advised to seek 89 68 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 90 69 Agreement. 91 70 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:

Appears in 1 contract

Samples: Listing Agreement

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DUAL REPRESENTATION. By checking "yes" and writing its initials below, Buyer Xxxxx acknowledges and agrees that BuyerXxxxx’s 80 Designated Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may 81 be) in connection with any acquisition of Property. Buyer Xxxxx acknowledges and agrees that Buyer Xxxxx has read the following prior to executing this 82 Agreement: 83 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 84 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 85 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 86 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract 87 price, results from each party negotiating on its own behalf and in its own best interest. Buyer Xxxxx acknowledges and agrees that (a) 88 Broker Xxxxxx has explained the implications of dual representation, including the risks involved, and (b) Buyer has been advised to seek 89 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 90 Agreement. 91 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:

Appears in 1 contract

Samples: Broker Agreement

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