Get Form 320

Filling out the Form 320 online is a crucial step in confirming cooperation and representation in real estate transactions. This guide will provide you step-by-step instructions to ensure a smooth and accurate completion of the form.

Follow the steps to successfully fill out the Form 320 online.

1. Press the ‘Get Form’ button to access the form and open it in your selected editor.
2. Begin by entering the names of the buyer and seller in the designated fields. Ensure that the details are accurate for proper representation.
3. In the field for the property known as, input the full address of the property involved in the transaction. This is essential for identifying the specific real estate being referenced.
4. Review the declaration section where the salesperson or broker confirms their insurance under the Real Estate and Business Brokers Act, 2002. Make sure this statement is completed and accurate.
5. Fill in information regarding the listing brokerage. This section should include the name of the brokerage representing the seller, as well as any applicable commission structures.
6. Complete the section for the cooperating brokerage. Specify if the cooperating brokerage is receiving a commission and any terms regarding the payment as stated.
7. If applicable, enter any additional comments or disclosures required by the cooperating brokerage for the transaction.
8. Collect signatures from the authorized representatives of both the listing and cooperating brokerages in the designated areas, ensuring all necessary parties have signed.
9. Complete the consent for multiple representation if the brokerage represents more than one client. Ensure both the seller’s and buyer’s initials are obtained.
10. After filling out all the necessary fields and ensuring accuracy, save your changes. You can then download, print, or share the completed Form 320 as needed.

Start filling out your Form 320 online today for a seamless real estate transaction.