Mississippi Representation Agreement

State:
Mississippi
Control #:
MS-61500
Format:
Word; 
Rich Text
Instant download

Description

Representation Agreement: This is a Mississippi form that complies with all Mississippi codes and statutes. A Representation Agreement details the duties of an Attorney to his Client when he/she agrees to represent the Client on a particular matter. USLF amends and updates the forms as is needed in accordance with all state statutes.
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FAQ

Generally speaking, it's in your best interests to sign a buyer's representation agreement right from the get-go so that both you and your agent are on the same page about what is expected of the relationship. It should be noted that you are under no obligation to actually make a purchase.

A buyer representation (agency) agreement is a contract that delineates the relationship between a prospective home purchaser and a real estate broker or agency. While the agreement serves as good protection for the real estate agent, the home buyer can get significant value out of it as well.

(7) Exempt from the licensing requirements of this chapter shall be any person, partnership, association or corporation, who, as a bona fide owner, shall perform any aforesaid act with reference to property owned by them, or to the regular employees thereof who are on a stated salary, where such acts are performed in

A Buyer's Representation Agreement is a contract that both buyer and agent sign that essentially makes the business relationship formal. Since it's a contract, it is legally binding, which means both you and your agent have a legal obligation to fulfill the duties that are stipulated in the agreement.

Yes, you can fire your real estate agent. If you haven't signed a buyer's agent agreement, all you have to do is tell them that you'd like to part ways. However, if a buyer's agent agreement was signed, you'll have to read it very carefully to see the terms for ending a contract early, then follow them.

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Mississippi Representation Agreement