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NEW HAMPSHIRE REAL ESTATE COMMISSION 64 South Street, Concord, NH 03301 Tel.: (603) 2712701 BROKERAGE RELATIONSHIP DISCLOSURE FORM (This is Not a Contract) This form shall be presented to the consumer

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How to fill out brokerage relationship disclosure form

How to fill out brokerage relationship disclosure form:

01

Start by entering your personal information such as your full name, address, phone number, and email address. This will help the brokerage firm identify you as the party filling out the form.

02

Next, provide information about the brokerage firm you are working with. Include the firm's name, address, and contact details. This will establish the professional relationship you have with the brokerage.

03

Specify the type of relationship you have with the brokerage. This could be either a buyer representation, seller representation, or dual agency. Clearly indicate which party you are representing in the transaction.

04

Disclose any potential conflicts of interest. If you have any personal or financial ties to the property or individuals involved in the transaction, it is important to disclose them in this section. This ensures transparency and protects all parties involved.

05

Provide details about any compensation or commission arrangements. State whether you will receive a commission from the brokerage or any other party involved in the transaction. Include the percentage or amount of the commission, if applicable.

06

Read and understand the terms and conditions of the form. Make sure you fully comprehend the contents of the disclosure form before signing it. If you have any questions or concerns, seek clarification from the brokerage.

Who needs brokerage relationship disclosure form?

01

Real estate agents: Real estate agents who are representing buyers, sellers, or acting as dual agents in a transaction are required to fill out brokerage relationship disclosure forms. This helps to establish and clarify their role in the transaction.

02

Buyers and sellers: Both buyers and sellers in a real estate transaction may need to fill out brokerage relationship disclosure forms. This is to ensure that they are aware of the agency relationships involved and their rights and obligations in the process.

03

Brokerage firms: Brokerage firms have a responsibility to provide these disclosure forms to their clients and ensure that they are accurately filled out. This demonstrates their commitment to transparency and compliance with regulations.

Overall, filling out a brokerage relationship disclosure form is a crucial step in the real estate transaction process. It helps to establish clear agency relationships, disclose potential conflicts of interest, and ensure transparency between all parties involved.

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What is brokerage relationship disclosure form?

The brokerage relationship disclosure form is a document that details the relationship between a broker and a client, outlining the broker's duties, obligations, and any potential conflicts of interest.

Who is required to file brokerage relationship disclosure form?

Brokers and real estate agents are required to file the brokerage relationship disclosure form before entering into a relationship with a client.

How to fill out brokerage relationship disclosure form?

The form can be filled out by providing relevant information about the broker's background, services offered, and any potential conflicts of interest.

What is the purpose of brokerage relationship disclosure form?

The purpose of the form is to inform clients about the broker's duties and obligations, as well as to disclose any potential conflicts of interest that may arise during the relationship.

What information must be reported on brokerage relationship disclosure form?

Information such as the broker's license number, services offered, potential conflicts of interest, and any other relevant details must be reported on the form.

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