An agent, retained by a seller of property, has a duty to have the seller-client enter their truthful responses to property conditions itemized on a Transfer Disclosure Statement (TDS).
Lessons from the Field: Incomplete TDS
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The exclusive seller representation agreement
Learn why a seller representation agreement ensures the payment of a fee earned by the employment, how to prepare an exclusive seller representation agreement as the seller-client’s agent and explain the purpose of a seller representation agreement to a prospective seller-client.
A representation agreement employs a broker
Learn the difference between exclusive and open client representation agreements and understand the use of exclusive representation agreements as best practice for client representation.
Reading the legal tea leaves — the parallel need to conform tenant representation to new buyer representation rules for commercial transactions
The new buyer representation rules have an application which may surprise some brokers – the negotiated, written representation of commercial tenant clients.
The agency law disclosure
Learn when the statutorily-mandated Agency Law Disclosure is required.
Letter to the Editor: What happens to buyer representation agreements and fees when an agent changes brokers?
A buyer representation agreement runs with the broker, not the agent.
DRE Bulletin Digest: Fall/Winter 2024
The DRE’s Real Estate Bulletin keeps licensees informed on new codes and regulations significant to real estate practice, common violations of real estate rules of conduct, and real estate education opportunities.
Form-of-the-Week: Purchase Agreement variations and their addenda
The diversity of people, properties and situations in real estate transactions requires a diverse array of purchase agreements on which to write and submit an offer to acquire real estate.
BPO series: Different types of estates and ways to divide their ownership
This series showcases the fundamental real estate knowledge needed by a DRE licensee to develop a Broker Price Opinion (BPO) to be handed to a client.
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