THE DESIGNATED AGENT’S RESPONSIBILITIES Clause Samples
THE DESIGNATED AGENT’S RESPONSIBILITIES. 4.1 The designated agent must meet their agency responsibilities to you in a timely manner.
4.2 In addition to the responsibilities described in the Guide, the designated agent must also:
(a) look for properties that match your search criteria, until you buy a property under this agreement, or this agreement ends.
(b) keep you informed during the search and any resulting transaction.
(c) tell the seller of a property you are interested in that they are your agent.
(d) take reasonable steps to find and give you information about properties and transactions you are interested in.
(e) help you prepare an offer and negotiate favourable terms and conditions with a seller.
(f) help you to comply with a contract to buy the property.
(g) present all offers and counter-offers to and from you, even when the property is already the subject of an accepted offer.
THE DESIGNATED AGENT’S RESPONSIBILITIES. 4.1 The designated agent must meet their agency responsibilities to you in a timely manner.
4.2 In addition to the responsibilities described in the Guide, the designated agent must also:
(a) market the property, until the property is sold under this agreement, or this agreement ends.
(b) keep you informed of their marketing activities and any resulting transaction.
(c) tell any buyer interested in the property that they are your agent.
(d) tell buyers of all material latent defects affecting the property that they are aware of.
(e) help you negotiate favourable terms and conditions with a buyer.
(f) help you to prepare and comply with a contract to sell the property.
(g) present all offers and counter-offers to and from you, even when you have accepted a purchase contract. However, they need not seek additional offers while there is an unconditional purchase contract.
(h) tell you relevant facts about the transaction.
THE DESIGNATED AGENT’S RESPONSIBILITIES. 3.1 The designated agent must:
(a) be impartial in their dealings with you both.
(b) exercise reasonable care and skill in carrying out their duties.
(c) obey your lawful instructions as far as they are consistent with this agreement.
(d) comply with the Real Estate Agents Licensing Act and its regulations and the rules and bylaws of the Northwest Territories Association of Realtors.
(e) not act in a way that benefits one of you at the expense of the other.
(f) give you a copy of this agreement as soon as possible after signing.
THE DESIGNATED AGENT’S RESPONSIBILITIES. 3.1 The designated agent must:
(a) be impartial in their dealings with you both.
(b) exercise reasonable care and skill in carrying out their duties.
(c) obey your lawful instructions as far as they are consistent with this agreement.
(d) comply with the Real Estate Act and its regulations and the rules and bylaws of the Real Estate Council of Alberta.
(e) not act in a way that benefits one of you at the expense of the other.
(f) give you a copy of this agreement as soon as possible after signing.