Common use of Unwritten Agreements Clause in Contracts

Unwritten Agreements. To make sure that you and the real estate firm have a clear understanding of what your relationship will be and what the firm will do for you, you may want to have a written agreement. However, some firms may be willing to represent and assist you for a time Continued on the back WORKING WITH REAL ESTATE AGENTS Agents are required to review this with you and must retain this acknowledgment for their files. This is not a contract By signing, I acknowledge that the agent named below furnished a copy of this brochure and reviewed it with me. Buyer or Seller Name (Print or Type) Buyer or Seller Signature Buyer or Seller Name (Print or Type) Buyer or Seller Signature Date Firm Name agency relationships that may be available to you. about you to prospective buyers or their agents without your permission so long as they represent you. But until you sign If you choose the “dual agency” option, remember that since a dual agent’s loyalty is divided between parties Agent Name License Number It should help you decide which relationship you want the listing agreement, you should avoid telling the listing agent anything you would not want a buyer to know. with competing interests, it is especially important that you have a clear understanding of • what your relationship is FOR BUYER/SELLER Disclosure of Seller Subagency to have with a real estate agent. It will also give you Services and Compensation: To help you sell your with the dual agent and • what the agent will be doing for (Complete, if applicable) useful information about the various services real estate property, the listing firm and its agents will offer to perform a number of services for you. These may include • helping you in the transaction. Agent Name License Number ❒ When showing you property and assisting you in the purchase of a property, the above agent and firm will agents can provide buyers and sellers, and it will help you price your property • advertising and marketing your property • giving you all required property disclosure forms for you to complete • negotiating for you the best possible price and terms • reviewing all written offers with you and BUYERS Firm Name When buying real estate, you may have several choices as to how you want a real estate firm and its agents represent the SELLER. For more information, see “Seller’s Agent Working with a Buyer” in the brochure. explain how real estate agents are paid. • otherwise promoting your interests. to work with you. For example, you may want them to Date

Unwritten Agreements. To make sure that you and the real estate firm have a clear understanding of what your relationship will be and what the firm will do for you, you may want to have a written agreement. However, some firms may be willing to represent and assist you for a time Continued on the back WORKING WITH REAL ESTATE AGENTS Agents are required to review this with you and must retain this acknowledgment for their files. This is not a contract By signing, I acknowledge that the agent named below furnished a copy of this brochure and reviewed it with me. Buyer or Seller Name (Print or Type) Buyer or Seller Signature Buyer or Seller Name (Print or Type) Buyer or Seller Signature Date Firm Name agency relationships that may be available to you. about you to prospective buyers or their agents without your permission so long as they represent you. But until you sign If you choose the “dual agency” option, remember that since a dual agent’s loyalty is divided between parties Agent Name License Number It should help you decide which relationship you want the listing agreement, you should avoid telling the listing agent anything you would not want a buyer to know. with competing interests, it is especially important that you have a clear understanding of • what your relationship is FOR BUYER/SELLER Disclosure of Seller Subagency to have with a real estate agent. It will also give you Services and Compensation: To help you sell your with the dual agent and • what the agent will be doing for (Complete, if applicable) useful information about the various services real estate agents can provide buyers and sellers, and it will help explain how real estate agents are paid. property, the listing firm and its agents will offer to perform a number of services for you. These may include • helping you in the transaction. Agent Name License Number ❒ When showing you property and assisting you in the purchase of a property, the above agent and firm will agents can provide buyers and sellers, and it will help you price your property • advertising and marketing your property • giving you all required property disclosure forms for you to complete • negotiating for you the best possible price and terms • reviewing all written offers with you and • otherwise promoting your interests. you in the transaction. BUYERS Firm Name When buying real estate, you may have several choices as to how you want a real estate firm and its agents to work with you. For example, you may want them to Agent Name License Number Firm Name Date ❒ When showing you property and assisting you in the purchase of a property, the above agent and firm will represent the SELLER. For more information, see “Seller’s Agent Working with a Buyer” in the brochure. explain how real estate agents are paid. • otherwise promoting your interests. to work with you. For example, you may want them to Date.

Unwritten Agreements. To make sure that you and the real estate firm have a clear understanding of what your relationship will be and what the firm will do for you, you may want to have a written agreement. However, some firms may be willing to represent and assist you for a time Continued on the back WORKING WITH REAL ESTATE AGENTS Agents are required to review this with you and must retain this acknowledgment for their files. This is not a contract By signing, I acknowledge that the agent named below furnished a copy of this brochure and reviewed it with me. Buyer or Seller Name (Print or Type) Buyer or Seller Signature Buyer or Seller Name (Print or Type) Buyer or Seller Signature Date Firm Name agency relationships that may be available to you. about you to prospective buyers or their agents without your permission so long as they represent you. But until you sign If you choose the “dual agency” option, remember that since a dual agent’s loyalty is divided between parties Agent Name License Number It should help you decide which relationship you want the listing agreement, you should avoid telling the listing agent anything you would not want a buyer to know. with competing interests, it is especially important that you have a clear understanding of • what your relationship is FOR BUYER/SELLER Disclosure of Seller Subagency to have with a real estate agent. It will also give you Services and Compensation: To help you sell your with the dual agent and • what the agent will be doing for (Complete, if applicable) useful information about the various services real estate property, the listing firm and its agents will offer to perform a number of services for you. These may include • helping you in the transaction. Agent Name License Number ❒ When showing you property and assisting you in the purchase of a property, the above agent and firm will agents can provide buyers and sellers, and it will help you price your property • advertising and marketing your property • giving you all required property disclosure forms for you to complete • negotiating for you the best possible price and terms • reviewing all written offers with you and BUYERS Firm Name When buying real estate, you may have several choices as to how you want a real estate firm and its agents represent the SELLER. For more information, see “Seller’s Agent Working with a Buyer” in the brochure. explain how real estate agents are paid. • otherwise promoting your interests. to work with you. For example, you may want them to DateDate Buyer’s Initials Acknowledging Disclosure: termination is only excused due to certain military transfers, foreclosures of the property or, in certain instances where the tenant is a victim of domestic violence, sexual assault, or stalking. So, if you leave early and the landlord is unable to re-rent your apartment, the landlord may sue you for the unpaid rent and costs, and/or file a negative credit report against you. Some leases allow a tenant to terminate the lease early under certain circumstances by giving notice. Check your lease to determine if it permits early termination and the amount of notice it requires. If, for example, your lease allows you to give a 30-day notice to terminate it, typically, you must notify the landlord in writing at least 30 days before the end of the month in which you propose to leave and pay rent through the end of that month.