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REPRESENTATION OF BOTH BUYER AND SELLER S AGREEMENT ORS 696.815 (1) authorizes a real estate licensee to represent both the seller and the buyer in a real estate transaction under a disclosed limited

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What is disclosed limited agency agreement?

Disclosed limited agency agreement is a legal document that outlines the relationship between a real estate agent and their client when the agent is representing both the buyer and seller in a real estate transaction.

Who is required to file disclosed limited agency agreement?

Real estate agents who are acting as dual agents representing both the buyer and seller in a real estate transaction are required to file disclosed limited agency agreement.

How to fill out disclosed limited agency agreement?

To fill out disclosed limited agency agreement, both the buyer and seller must review and sign the document, acknowledging that the agent is representing both parties in the transaction.

What is the purpose of disclosed limited agency agreement?

The purpose of disclosed limited agency agreement is to ensure that both the buyer and seller are aware of the dual agency representation and to outline the responsibilities of the agent in the transaction.

What information must be reported on disclosed limited agency agreement?

The disclosed limited agency agreement must include the names of the buyer, seller, and agent, the property address, the agreed commission, and any disclosures required by state law.

How do I edit disclosed limited agency agreement online?

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