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Get Understanding Whom Real Estate Agents Represent 2011doc
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How to fill out the Understanding Whom Real Estate Agents Represent 2011doc online
This guide provides clear instructions for filling out the Understanding Whom Real Estate Agents Represent 2011doc online. Whether you are a buyer or seller in the real estate market, understanding this form will help in clarifying the roles and obligations of real estate agents involved in the transaction.
Follow the steps to complete the form accurately and efficiently.
- Click the ‘Get Form’ button to access the document and open it in your online editing interface.
- Begin by reviewing the introduction section, which outlines the purpose of the document and informs you that it is not a contract. Familiarize yourself with the definitions provided for 'seller' and 'buyer'.
- Proceed to the section that describes agents who represent the seller. Identify the roles of the seller's agent and cooperating agent. This information will help you understand the obligations of agents toward the seller during your transaction.
- Next, examine the explanation of agents who represent the buyer. Make note of the difference between a presumed buyer’s agent (without a written agreement) and a buyer's agent (with a written agreement). Understanding these distinctions is critical for your rights as a buyer.
- Read about dual agency and the conditions under which it applies. Ensure that you understand the implications of choosing an intra-company agent and the potential conflicts of interest that may arise.
- Review the rights and responsibilities section. This portion emphasizes the obligations of real estate agents, including honesty, fairness, and the necessity of disclosing material facts. Be sure you are aware of your right to legal and tax counsel.
- Fill in the acknowledgement section at the bottom of the form. Indicate the firm name and salesperson's name, and check the relevant boxes that represent the agency relationships applicable to you.
- Sign and date the form in the designated areas. If applicable, fill out the certification of disclosure section and provide the names of individuals to whom the disclosure was made.
- Once you have completed the form, save your changes. You may then download, print, or share the form as needed.
Complete your forms online to ensure you understand the roles of all parties involved in your real estate transaction.
Related links form
Dual Agents in Maryland Both the buyers and sellers must agree to Dual Agency by signing the “Consent for Dual Agency” disclosure. A buyer may still have a buyer's agent if the buyer would like to be represented. The seller's can still have a seller's agent.
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