Common use of Transaction-Broker Clause in Contracts

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or seller or both in the sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION STATEMENT (CIS) DECLARTION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTY, LLC, intend, as of this time, to work with you as a: (indicate one of the following)

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the same sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement a greement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT (CIS) DECLARTION IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PRUPOSES ONLY. DECLARATION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTYRELATIONSHIP Xxxxxxx Coastal Real Estate LLC , LLC, intendintends, as of this time, to work with you as a: (indicate one of the following)): X_Seller’s agent. (for Sellers and Landlords) Xxxxx’s agent. Seller’s agent and disclosed dual agent if the opportunity arises. Xxxxx’s agent and disclosed dual agent if the opportunity arises. Transaction broker. Signed: DATE: Property Owner FAX COVER FAX TO: 000.000.0000 Or EMAIL: XXXXXXX@XXXXXXXXXXXXXXXX.XXX To: Xxxxxxx Coastal Real Estate– Vacation Rentals # of pages: cover page + From: Fax #: 000-000-0000 Re: 2022 Rental Listing Agreement Phone #: 000-000-0000 Hey Xxxxxxx Coastal Team: I am faxing/emailing the following: □ A SIGNED listing agreement □ Rates □ W-9 Form □ A SIGNED Consumer Information Report I am mailing/dropping off the following: □ Original Contract □ 4 sets of keys—including keys for storage, deadbolt, lobby, stairwell, etc. □ Disc or digital files sent with pictures of my unit COMMENTS:

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the same sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information infor- mation between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transactiontransac- tion, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT (CIS) DECLARTION IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PRUPOSES ONLY. DECLARATION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTYRELATIONSHIP Xxxxxxx Coastal Real Estate LLC , LLC, intendintends, as of this time, to work with you as a: (indicate one of the following)): X_Seller’s agent. (for Sellers and Landlords) Buyer’s agent. Seller’s agent and disclosed dual agent if the opportunity arises. Buyer’s agent and disclosed dual agent if the opportunity arises. Transaction broker. Signed: DATE:

Transaction-Broker. The New Jersey Real Estate Licensing Law does Laws of many jurisdictions do not require licensees to work in the capacity of an “"agent” " when providing brokerage services. A transaction broker works with a buyer or a seller or both in the sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. By signing this Consumer Information Statement, I acknowledge that I have been advised that XxxxxxXxx.xxx and (CISReal Estate Agent) DECLARTION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTY, LLC, intend, are working as the Seller’s Agent only. Buyer: Dated: Co-Buyer: Dated: AIRPORT NOISE. Buyers should investigate the impact of this time, to work with you as a: (indicate one airport flight paths and the noise levels at different times of the following)day over that property. For more information on airport noise, visit the New Jersey Department of Transportation, Freight, Air and Water.

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the same sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement a greement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT (CIS) DECLARTION IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PRUPOSES ONLY. DECLARATION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTYRELATIONSHIP Xxxxxxx Coastal Real Estate LLC , LLC, intendintends, as of this time, to work with you as a: (indicate one of the following)): X_Seller’s agent. (for Sellers and Landlords) Xxxxx’s agent. Seller’s agent and disclosed dual agent if the opportunity arises. Xxxxx’s agent and disclosed dual agent if the opportunity arises. Transaction broker. Signed: DATE: Property Owner FAX COVER FAX TO: 000.000.0000 Or EMAIL: XXXXXXX@XXXXXXXXXXXXXXXX.XXX To: Xxxxxxx Coastal Real Estate– Vacation Rentals # of pages: cover page + From: Fax #: Re: MY Rental Listing Agreement Phone #: 000-000-0000 Hey Xxxxxxx Coastal Team: I am faxing/emailing the following: □ A SIGNED listing agreement □ Rates □ W-9 Form □ A SIGNED Consumer Information Report I am mailing/dropping off the following: □ Original Contract □ 4 sets of keys—including keys for storage, deadbolt, lobby, stairwell, etc. □ Disc or digital files sent with pictures of my unit COMMENTS:

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the same sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information infor- mation between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transactiontransac- tion, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT (CIS) DECLARTION IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PRUPOSES ONLY. DECLARATION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTYRELATIONSHIP Xxxxxxx Coastal Real Estate LLC , LLC, intendintends, as of this time, to work with you as a: (indicate one of the following)): X_Seller’s agent. (for Sellers and Landlords) Xxxxx’s agent. Seller’s agent and disclosed dual agent if the opportunity arises. Xxxxx’s agent and disclosed dual agent if the opportunity arises. Transaction broker. Property Owner

Transaction-Broker. The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an “agent” when providing brokerage services. A transaction broker works with a buyer or a seller or both in the same sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such firms a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with the that firm which clearly states what services that the firm will perform and how it will be paid. In addition, any transaction brokerage agreement a greement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which the that firm is a member. YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER. ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION THIS STATEMENT (CIS) DECLARTION IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PRUPOSES ONLY. DECLARATION OF BUSINESS RELATIONSHIPS BROKER/COASTLINE REALTYRELATIONSHIP Xxxxxxx Coastal Real Estate LLC , LLC, intendintends, as of this time, to work with you as a: (indicate one of the following)): X_Seller’s agent. (for Sellers and Landlords) Xxxxx’s agent. Seller’s agent and disclosed dual agent if the opportunity arises. Xxxxx’s agent and disclosed dual agent if the opportunity arises. Transaction broker. Signed: DATE: Property Owner FAX COVER FAX TO: 000.000.0000 Or EMAIL: XXXXXXX@XXXXXXXXXXXXXXXX.XXX To: Xxxxxxx Coastal Real Estate– Vacation Rentals # of pages: cover page + From: Fax #: 000-000-0000 Re: 2023 Rental Listing Agreement Phone #: 000-000-0000 Hey Xxxxxxx Coastal Team: I am faxing/emailing the following: □ A SIGNED listing agreement □ Rates □ W-9 Form □ A SIGNED Consumer Information Report I am mailing/dropping off the following: □ Original Contract □ 4 sets of keys—including keys for storage, deadbolt, lobby, stairwell, etc. □ Disc or digital files sent with pictures of my unit COMMENTS: