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COMPENSATION DISCLOSURE TO BUYER/TENANT This form approved by the Minnesota Association of REALTORS, which disclaims any liability arising out of use or misuse of this form. 2012 Minnesota Association
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How to fill out compensation disclosure to buyertenant:

01
Start by providing your name and contact information at the top of the form.
02
Indicate the date when the compensation disclosure is being filled out.
03
Specify the property address and any other relevant details, such as the unit number or floor level.
04
Describe the nature of the compensation being received. This could include commission fees, referral fees, or any other form of payment.
05
Clearly state the amount or percentage of the compensation being received.
06
Explain the source of the compensation, whether it is from the seller, landlord, or any other party involved in the transaction.
07
Offer a brief summary of your relationship with the buyer or tenant. This could include whether you are acting as their real estate agent, property manager, or any other role.
08
Sign the form and provide the date of signing.
09
Keep a copy of the compensation disclosure for your records.

Who needs compensation disclosure to buyertenant:

01
Real estate agents or brokers who are representing buyers or tenants in property transactions.
02
Property managers who are facilitating rental agreements between landlords and tenants.
03
Any party involved in a real estate transaction who is receiving compensation for their services and wants to disclose it to the buyer or tenant.
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Compensation disclosure to buyer/tenant is a document that discloses how much compensation a real estate agent or broker will receive for their services in a transaction.
Real estate agents or brokers are required to file compensation disclosure to buyer/tenant.
To fill out compensation disclosure to buyer/tenant, the agent or broker must disclose the amount of compensation they will receive, the source of the compensation, and any potential conflicts of interest.
The purpose of compensation disclosure to buyer/tenant is to provide transparency to the buyer/tenant regarding the compensation the agent or broker will receive for their services.
The information that must be reported on compensation disclosure to buyer/tenant includes the amount of compensation, the source of the compensation, and any potential conflicts of interest.
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