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Consumer Notice is a consumer advocacy organization that informs the public about the health and safety risks associated with defective products, environmental dangers and other hazards and presents legal options to those who have been injured through the fault of another person or entity.
If the oral disclosure was provided, this notice must be provided at the first meeting or the first time a property is shown to the consumer by the broker or salesperson. Before you disclose any information to a licensee, be advised that unless you select an agency relationship the licensee is NOT REPRESENTING YOU.
The Consumer Notice discloses the various forms of agency to the consumer so that the consumer may make an informed decision about the type of representation desired. It also discloses what the licensee's role may already be. Pennsylvania broker Boris supervises several salespersons and an unlicensed assistant.
Pennsylvania Law requires real estate brokers and salespersons (licensees) to advise consumers who are seeking to sell or purchase residential or commercial real estate or tenants who are seeking to lease residential or commercial real estate where the licensee is working on behalf of the tenant of the business ... Consumer Notice | Pennsylvania thepreferredrealty.com ? consumer-notice thepreferredrealty.com ? consumer-notice
Hotline: While the law technically allows licensees to provide real estate services without a written agency contract, you're not legally entitled to collect a fee without a written agreement between the brokerage and the consumer.
What is an Opt Out Right. An opt out right generally describes a party's ability to exclude themselves from specific elements of or changes to a legal agreement. In finance, this right applies most often to sharing of private information among financial institutions. Opt Out Right - Investopedia investopedia.com ? terms ? opt-out-right investopedia.com ? terms ? opt-out-right