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This document provides consumers with important disclosure regarding the relationships between real estate licensees and consumers, clarifying the roles, responsibilities, and options available for

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How to fill out massachusetts mandatory licensee-consumer relationship

How to fill out MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE

01

Obtain the Massachusetts Mandatory Licensee-Consumer Relationship Disclosure form from your broker or real estate office.

02

Begin filling out the top section by providing your name, the name of your brokerage, and the contact information.

03

Identify the specific services you will be providing to the client by checking the appropriate boxes that correspond to the types of relationships (e.g., seller's agent, buyer's agent, etc.).

04

Clearly explain the duties and responsibilities associated with each relationship checked, ensuring the client understands what to expect.

05

Provide your signature and date the form to verify that the information is accurate and complete.

06

Present the filled form to the consumer for their review and signature, ensuring they acknowledge their understanding of the relationship.

Who needs MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

01

Any real estate licensee (agent or broker) in Massachusetts who is entering into a professional relationship with a consumer.

02

Consumers seeking real estate services should be given this disclosure to understand the nature of their relationship with their real estate agent or broker.

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What is MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

The Massachusetts Mandatory Licensee-Consumer Relationship Disclosure is a document that outlines the relationship between licensed real estate professionals and their clients. It aims to clarify the duties and responsibilities of the licensee to the consumer.

Who is required to file MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

All licensed real estate agents and brokers are required to provide this disclosure to consumers when engaging in a real estate transaction in Massachusetts.

How to fill out MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

To fill out the disclosure, the licensee should provide information about the types of relationships they may have with the consumer, such as as a seller's agent, buyer's agent, or designated agency, and obtain the consumer's signature to acknowledge understanding.

What is the purpose of MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

The purpose of the disclosure is to inform consumers of the types of agency relationships available and to clarify the obligations of the licensee, ensuring that consumers are aware of their rights and the nature of the service provided.

What information must be reported on MASSACHUSETTS MANDATORY LICENSEE-CONSUMER RELATIONSHIP DISCLOSURE?

The disclosure must report the type of agency relationship, the duties that the licensee owes to the consumer, and a clear statement of whether the licensee represents the buyer or the seller.

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