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NEW HAMPSHIRE REAL ESTATE COMMISSION 25 Capitol Street, Room 434, Concord, NH 03301 Tel.: (603) 271-2701 AGENCY AND NON-AGENCY DISCLOSURE FORM (This is Not a Contract) This form shall be presented

How to fill out agency and non-agency disclosure

How to Fill Out Agency and Non-Agency Disclosure:

1. Start by obtaining the necessary forms: The agency and non-agency disclosure forms can usually be obtained from your local real estate association or your state's real estate regulatory agency. You may also find them online through official websites.
2. Familiarize yourself with the contents of the forms: Before filling out the disclosure forms, take the time to carefully read and understand the information provided. This will ensure that you accurately complete the forms and meet all the necessary requirements.
3. Provide your personal information: Begin by filling out your name, address, and contact information in the designated spaces on the form. Ensure that all the information provided is accurate and up-to-date.
4. Identify the property and parties involved: Clearly identify the property that the disclosure form is referencing. This typically includes the property address and other relevant details such as parcel and tax identification numbers. Additionally, identify all the parties involved in the transaction, including the buyer, seller, and any agents or brokers involved.
5. Indicate the agency relationship: One of the main purposes of the disclosure forms is to specify the type of agency relationship that exists between the parties. Whether you are acting as the agent for the buyer, seller, or both, clearly mark the appropriate box or provide the necessary information.
6. Disclose any conflicts of interest: If there are any potential conflicts of interest that might affect your ability to act in the best interests of your client, disclose them on the form. This could include any personal or professional relationships that may compromise your impartiality.
7. Provide additional disclosures: Depending on your jurisdiction, there may be additional disclosures required beyond the agency relationship. These could include disclosures related to dual agency, representation of family members, or other relevant factors. Carefully review the form and ensure that all necessary disclosures are made.

Who Needs Agency and Non-Agency Disclosure:

1. Real estate agents and brokers: As professionals in the real estate industry, agents and brokers are typically required to provide agency and non-agency disclosures to their clients. This ensures transparency and helps establish the agency relationship and any potential conflicts of interest.
2. Buyers and sellers: Both buyers and sellers benefit from receiving agency and non-agency disclosure forms. This allows them to understand the role of their agent or broker and the obligations they have towards them. Additionally, the disclosures provide important information about any potential conflicts or limitations in representation.
3. Real estate regulatory agencies: Government agencies responsible for regulating the real estate industry often require agents and brokers to provide agency and non-agency disclosures. These agencies use the information to monitor compliance with real estate laws and regulations and ensure consumer protection.

It is important to note that the specific requirements for agency and non-agency disclosure may vary depending on your jurisdiction. Therefore, it is recommended to consult with local real estate professionals or the appropriate regulatory agency to ensure compliance with the applicable rules and regulations.

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What is agency and non-agency disclosure?

Agency disclosure is a legal requirement for real estate agents to disclose who they represent in a real estate transaction. Non-agency disclosure is when an agent does not represent either party in a transaction.

Who is required to file agency and non-agency disclosure?

Real estate agents and brokers are required to file agency and non-agency disclosure.

How to fill out agency and non-agency disclosure?

Agency and non-agency disclosure forms can be filled out by providing the necessary information about the parties involved in the real estate transaction.

What is the purpose of agency and non-agency disclosure?

The purpose of agency and non-agency disclosure is to provide transparency and ensure that all parties involved in a real estate transaction are aware of who the agent represents.

What information must be reported on agency and non-agency disclosure?

The information reported on agency and non-agency disclosure forms typically includes the names of the parties involved, the agent's contact information, and the nature of the agent's representation.