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Get Professional Services Disclosure And Election
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How to fill out the Professional Services Disclosure And Election online
Completing the Professional Services Disclosure and Election form is an essential step for agents working with buyers or sellers in real estate transactions. This guide provides clear, step-by-step instructions to help you navigate the form effectively.
Follow the steps to complete the form accurately and efficiently.
- Click ‘Get Form’ button to obtain the form and open it for completion.
- Begin by entering the property address or legal description in the designated section, followed by the names of the buyer or seller as per the contract, and the firm's name.
- Go through each service listed on the form with the buyer or seller. Discuss any additional services that may be appropriate and write them in the provided blanks.
- If the buyer or seller wishes to select a service, they should initial the 'Selected' box and write in the name of the chosen service provider. If they opt not to have a service, they should initial the 'Waived' box.
- If a service provider has not yet been determined, the buyer or seller should write 'to be determined by Buyer or Seller' in the space for the provider's name.
- Make sure to not order any services unless permission has been granted by the buyer or seller. If the agent is permitted to order a service, write 'Agent' in the 'Who Orders' box; if the buyer or seller is ordering it, write 'Buyer or Seller'.
- Review the completed form for accuracy, initial any changes, and ensure that all sections are filled out appropriately. Users should consult their broker-in-charge if they have questions.
- After verifying all details, save changes to the form and download, print, or share it as needed.
Complete your Professional Services Disclosure and Election form online today to ensure a smooth real estate transaction.
Material Fact: Any fact that could affect a reasonable person's decision to buy, sell, or lease is considered a material fact and must be disclosed by a broker to the parties in the transaction and any interested third parties regardless of the broker's agency role within the transaction.
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