Disclosed Dual Agent definition

Disclosed Dual Agent means that agent representing both parties to a real estate transaction with the informed consent of both parties, with written understanding of specific duties and representation to be afforded each party. There may be situations where disclosed dual agency presents conflicts of interest that cannot be resolved without breach of duty to one party or another. Brokers who practice disclosed dual agency should do so with the utmost caution to protect consumers and themselves from inadvertent violation of demanding common law standards of disclosed dual agency.

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Disclosed Dual Agent means a brokerage firm, including

Disclosed Dual Agent means a brokerage firm, including brokers,

Examples of Disclosed Dual Agent in a sentence

• Disclosed Dual Agent and SELLER agrees to sign a Disclosed Dual Agent and BUYER agrees to sign a Disclosed Dual Agency Amendment.

• In such event, ▇▇▇▇▇ acknowledges that ▇▇▇▇▇’s Agent will be a dual agent, and pursuant to law, will have to obtain the written informed consent of both the seller and Buyer for the Buyer’s Agent to be a Disclosed Dual Agent.

• In such event, Buyer acknowledges that Buyer’s Agent will be a dual agent, and pursuant to law, will have to obtain the written informed consent of both the seller and Buyer for the Buyer’s Agent to be a Disclosed Dual Agent.

• Disclosed Dual Agent relationship is given only when the Informed Consent to Dual Agency is signed by the Buyer.

• I, (Name Of Licensee) As An Authorized Representative Of (Name Of Firm), Intend, As Of This Time, To Work With You As A: (Indicate One) Seller's/Landlord's (Circle One) Agent Only Seller's/Landlord's (Circle One) Agent And Disclosed Dual Agent If The Opportunity Arises Seller's/Landlord's (Circle One) Agent On Properties On Which This Firm Is Acting As The Seller's Agent And Transaction Broker On Other Properties.

• As a Disclosed Dual Agent, the licensee shall not represent the interests of one party to the exclusion or detriment of the interests of the other party.

• A Disclosed Dual Agent is a licensee who, with the informed written consent of the Seller and ▇▇▇▇▇, is engaged as an agent for both the Seller and ▇▇▇▇▇.

• A Disclosed Dual Agent has all the fiduciary duties to the Seller and Buyer that a Seller's agent or a ▇▇▇▇▇'s agent has except the duties of full disclosure and undivided loyalty.

• A Disclosed Dual Agent is a licensee who, with the informed written consent of the Seller and ▇▇▇▇▇ is engaged as an agent for both ▇▇▇▇▇▇ and ▇▇▇▇▇.

• X Disclosed Dual Agent: (Missouri properties only) Broker, Listing, and Selling licensees are all acting as agents for both Buyer/Tenant and Seller/Landlord (Note: a separate Dual Agency Disclosure form is required).

More Definitions of Disclosed Dual Agent

Disclosed Dual Agent means that agent representing both parties to a real estate transaction with the informed consent of both parties, with written understanding of specific duties and representation to be afforded each party. There may be situations where disclosed dual agency presents conflicts of interest that cannot be resolved without breach

Disclosed Dual Agent. (Missouri properties only). Broker, Listing and Selling licensees are all acting as agents for both Buyer/Tenant and Seller/ Landlord. (Note: A separate disclosure form is required.) Payment of Commission. Seller’s and/or Buyer’s (including Designated) Agent(s) indicated above will be paid a commission on the closing of the sale of the property, as set forth herein. Seller to pay all Agents. Sellers and/or Buyers Agent(s) will be paid from the Seller’s funds at closing according to the terms of the Listing or other Commission Agreement. Buyer to pay Buyer’s Agent. Seller’s Agent, if any, will be paid from the Seller’s funds at closing according to the terms of the Listing Agreement. Buyer’s Agent will be paid from the Buyer’s funds according to the terms of the Buyer agency Agreement.

Disclosed Dual Agent. A disclosed dual agent is a licensee who, with the informed written consent of Lessor and Lessee, is engaged as an agent for both Lessor and Lessee. As a disclosed dual agent, the licensee shall not represent the interests of one party to the exclusion or detriment of the interests of the other party. A disclosed dual agent has all the fiduciary duties to the Lessor and Lessee that a Lessor's or Lessee's agent has except the duties of full disclosure and undivided loyalty. A disclosed dual agent may not disclose:

Disclosed Dual Agent means a broker who works as an agent for both the buyer and seller. The broker must obtain the informed consent in writing