Possible Dual Agency. The above named Designated Agent (hereinafter sometimes referred to as “Licensee”) may undertake a dual representation (represent both the seller or landlord and the buyer or tenant) for the sale or lease of the Property. Buyer acknowledges he was informed of the possibility of this type of representation. Before signing this document, Buyer must read the following: Representing more than one party to a transaction presents a conflict of interest, since both clients may rely upon Licensee’s advice and the clients’ respective interests may be adverse to each other. Licensee will undertake this representation only with the written consent of ALL clients in the transaction. Any agreement between the clients as to a final contract price and other terms is a result of negotiations between the clients acting in their own best interests and on their own behalf. Buyer acknowledges that Licensee has explained the implications of dual representation, including the risks involved, and understands that he has been advised to seek independent advice from advisors or attorneys before signing any documents in this transaction. WHAT A LICENSEE CAN DO FOR CLIENTS WHEN ACTING AS A DUAL AGENT: 1. Treat all clients honestly. 2. Provide information about the Property to the buyer or tenant. 3. Disclose all latent material defects in the Property that are known to Licensee. 4. Disclose financial qualification of the buyer or tenant to the seller or landlord. 5. Explain real estate terms. 6. Help the buyer or tenant to arrange for property inspections. 7. Explain closing costs and procedures. 8. Help the buyer compare financing alternatives. 9. Provide information about comparable properties that have sold so both clients may make educated decisions on what price to accept or offer. WHAT A LICENSEE CANNOT DISCLOSE TO CLIENTS WHEN ACTING AS A DUAL AGENT: 1. Confidential information that Licensee may know about the clients, without the client’s permission. 2. The price or terms the seller or landlord will take other than the listing price without permission of the seller or landlord. 3. The price or terms the buyer or tenant is willing to pay without permission of the Buyer or tenant. 4. A recommended or suggested price or terms the Buyer or tenant should offer. 5. A recommended or suggested price or terms the seller or landlord should counter with or accept. ❑ ❑ By checking “Yes” and initialing, Buyer acknowledges that Buyer has read and understands this section and voluntarily consents to the Licensee acting as a Dual Yes No Agent (that is, to representing BOTH the seller or landlord and the buyer or tenant ( / ) should that become necessary. 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170
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Possible Dual Agency. The above named Designated Agent (hereinafter sometimes referred to as “Licensee”) may undertake a dual representation (represent both the seller or landlord and the buyer or tenant) for the sale or lease of the Property. Buyer Xxxxx acknowledges he was informed of the possibility of this type of representation. Before signing this document, Buyer Xxxxx must read the following: Representing more than one party to a transaction presents a conflict of interest, since both clients may rely upon Licensee’s advice and the clients’ respective interests may be adverse to each other. Licensee will undertake this representation only with the written consent of ALL clients in the transaction. Any agreement between the clients as to a final contract price and other terms is a result of negotiations between the clients acting in their own best interests and on their own behalf. Buyer Xxxxx acknowledges that Licensee Xxxxxxxx has explained the implications of dual representation, including the risks involved, and understands that he has been advised to seek independent advice from advisors or attorneys before signing any documents in this transaction. WHAT A LICENSEE CAN DO FOR CLIENTS WHEN ACTING AS A DUAL AGENT:
1. Treat all clients honestly.
2. Provide information about the Property to the buyer or tenant.
3. Disclose all latent material defects in the Property that are known to Licensee.
4. Disclose financial qualification of the buyer or tenant to the seller or landlord.
5. Explain real estate terms.
6. Help the buyer or tenant to arrange for property inspections.
7. Explain closing costs and procedures.
8. Help the buyer compare financing alternatives.
9. Provide information about comparable properties that have sold so both clients may make educated decisions on what price to accept or offer. WHAT A LICENSEE CANNOT DISCLOSE TO CLIENTS WHEN ACTING AS A DUAL AGENT:
1. Confidential information that Licensee may know about the clients, without the client’s permission.
2. The price or terms the seller or landlord will take other than the listing price without permission of the seller or landlord.
3. The price or terms the buyer or tenant is willing to pay without permission of the Buyer or tenant.
4. A recommended or suggested price or terms the Buyer or tenant should offer.
5. A recommended or suggested price or terms the seller or landlord should counter with or accept. ❑ ❑ By checking “Yes” and initialing, Buyer Xxxxx acknowledges that Buyer Xxxxx has read and understands this section and voluntarily consents to the Licensee acting as a Dual Yes No Agent (that is, to representing BOTH the seller or landlord and the buyer or tenant ( / ) should that become necessary. 112 (choose one) 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170127
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Possible Dual Agency. The above named Designated Agent (hereinafter sometimes referred to as “Licensee”) may undertake a 43 dual representation (represent both the seller or landlord and the buyer or tenant) for the sale or lease of the Property. Buyer Seller 44 acknowledges he was informed of the possibility of this type of representation. Before signing this document, Buyer Seller must read the 45 following: 46 Representing more than one party to a transaction presents a conflict of interest, since both clients may rely upon Licensee’s 47 advice and the clients’ respective interests may be adverse to each other. Licensee will undertake this representation only with the 48 written consent of ALL clients in the transaction. Any agreement between the clients as to a final contract price and other terms is 49 a result of negotiations between the clients acting in their own best interests and on their own behalf. Buyer Seller acknowledges that 50 Licensee has explained the implications of dual representation, including the risks involved, and understands that he has been 51 advised to seek independent advice from advisors or attorneys before signing any documents in this transaction. 52 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN ACTING AS A DUAL AGENT:
53 1. Treat all clients honestly.
54 2. Provide information about the Property to the buyer or tenant.
55 3. Disclose all latent material defects in the Property that are known to Licensee.
56 4. Disclose financial qualification of the buyer or tenant to the seller Seller or landlord.
57 5. Explain real estate terms.
58 6. Help the buyer or tenant to arrange for property Property inspections.
59 7. Explain closing costs and procedures.
60 8. Help the buyer compare financing alternatives.
61 9. Provide information about comparable properties that have sold so both clients may make educated decisions on what 62 price to accept or offer. 63 WHAT A LICENSEE CANNOT DISCLOSE TO CLIENTS WHEN ACTING AS A DUAL AGENT:
64 1. Confidential information that Licensee may know about the clients, without the client’s permission.
65 2. The price or terms the seller or landlord will take other than the listing price without permission of the seller or landlord.
66 3. The price or terms the buyer or tenant is willing to pay without permission of the Buyer buyer or tenant.
67 4. A recommended or suggested price or terms the Buyer buyer or tenant should offer.
68 5. A recommended or suggested price or terms the seller or landlord should counter with or accept. ❑ ❑ By checking “Yes” and initialing, Buyer acknowledges that Buyer has read and understands this section and voluntarily consents to the Licensee acting as a Dual Yes No Agent (that is, to representing BOTH the seller or landlord and the buyer or tenant ( / ) should that become necessary. 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170.
Appears in 1 contract
Samples: Residential Exclusive Right to Sell Marketing Agreement
Possible Dual Agency. The above above-named Designated Agent Agent(s) (hereinafter sometimes referred to as “Licensee”) may 91 undertake a dual representation (represent both the seller or landlord and the buyer or tenant) for the sale or lease of the 92 Property. Buyer Xxxxx acknowledges he was informed of the possibility of this type of representation. Before signing this 93 document, Buyer Xxxxx must read the following: 94 Representing more than one party to a transaction presents a conflict of interest, since both clients may rely upon 95 Licensee’s advice and the clients’ respective interests may be adverse to each other. Licensee will undertake this 96 representation only with the written consent of ALL clients in the transaction. Any agreement between the clients as to a 97 final contract price and other terms is a result of negotiations between the clients acting in their own best interests and on 98 their own behalf. Buyer acknowledges that Licensee has explained the implications of dual representation, including the 99 risks involved, and understands that he has been advised to seek independent advice from advisors or attorneys before 100 signing any documents in this transaction. 101 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN ACTING AS A DUAL AGENT:
: 102 1. Treat all clients honestly.
. 103 2. Provide information about the Property to the buyer or tenant.
. 104 3. Disclose all latent material defects in the Property that are known to Licensee.
. 105 4. Disclose financial qualification of the buyer or tenant to the seller or landlord.
. 106 5. Explain real estate terms.
. 107 6. Help the buyer or tenant to arrange for property inspections.
. 108 7. Explain closing costs and procedures.
. 109 8. Help the buyer compare financing alternatives.
. 110 9. Provide information about comparable properties that have sold so both clients may make educated decisions on what 111 price to accept or offer. 112 WHAT A LICENSEE CANNOT DISCLOSE TO CLIENTS WHEN ACTING AS A DUAL AGENT:
113 1. Confidential information that Licensee may know about the clients, without the client’s permission.
114 2. The price or terms the seller or landlord will take other than the listing price without permission of the seller or landlord.
115 3. The price or terms the buyer or tenant is willing to pay without permission of the Buyer buyer or tenant.
116 4. A recommended or suggested price or terms the Buyer buyer or tenant should offer.
117 5. A recommended or suggested price or terms the seller or landlord should counter with or accept. ❑ ❑ 118 If Buyer is uncomfortable with this disclosure and dual representation, please let Licensee know. Buyer is not required to 119 accept this section unless Xxxxx wants to allow the Licensee to proceed as a Dual Agent in this transaction. 120 By checking “Yes” and initialing, Buyer Xxxxx acknowledges that Buyer Xxxxx has read and understands this section and voluntarily 121 consents to the Licensee acting as a Dual Yes No Agent (that is, to representing BOTH the seller or landlord and the buyer Buyer or tenant ( / 122 tenant) should that become necessary. 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170❑ Yes ❑ No ( / ) [BUYER(S) INITIALS]
Appears in 1 contract
Possible Dual Agency. The above named Designated Agent (hereinafter sometimes referred to as “Licensee”) may undertake a 56 dual representation (represent both the seller or landlord and the buyer or tenant) for the sale or lease of the Property. Buyer Seller 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 acknowledges he was informed of the possibility of this type of representation. Before signing this document, Buyer Seller must read the following: Representing more than one party to a transaction presents a conflict of interest, since both clients may rely upon Licensee’s advice and the clients’ respective interests may be adverse to each other. Licensee will undertake this representation only with the written consent of ALL clients in the transaction. Any agreement between the clients as to a final contract price and other terms is a result of negotiations between the clients acting in their own best interests and on their own behalf. Buyer Seller acknowledges that Licensee has explained the implications of dual representation, including the risks involved, and understands that he has been advised to seek independent advice from advisors or attorneys before signing any documents in this transaction. WHAT A LICENSEE CAN DO FOR CLIENTS WHEN ACTING AS A DUAL AGENT:
1. Treat all clients honestly.
2. Provide information about the Property to the buyer or tenant.
3. Disclose all latent material defects in the Property that are known to Licensee.
4. Disclose financial qualification of the buyer or tenant to the seller Seller or landlord.
5. Explain real estate terms.
6. Help the buyer or tenant to arrange for property Property inspections.
7. Explain closing costs and procedures.
8. Help the buyer compare financing alternatives.
9. Provide information about comparable properties that have sold so both clients may make educated decisions on what price to accept or offer. WHAT A LICENSEE CANNOT DISCLOSE TO CLIENTS WHEN ACTING AS A DUAL AGENT:
1. Confidential information that Licensee may know about the clients, without the client’s permission.
2. The price or terms the seller or landlord will take other than the listing price without permission of the seller or landlord.
3. The price or terms the buyer or tenant is willing to pay without permission of the Buyer buyer or tenant.
4. A recommended or suggested price or terms the Buyer buyer or tenant should offer.
5. A recommended or suggested price or terms the seller or landlord should counter with or accept. ❑ ❑ By checking “Yes” and initialing, Buyer Seller acknowledges that Buyer Seller has read and understands Yes No this section and voluntarily consents to the Licensee acting as a Dual Yes No Agent (that is, to representing BOTH the seller or landlord and the buyer or tenant ( / ) should that become necessary. 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170to
Appears in 1 contract
Samples: Mobile Home Exclusive Right to Sell Marketing Agreement
