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ILLINOIS ASSOCIATION OF REALTORS EXCLUSIVE RIGHT TO SELL CONTRACT (WITHOUT DUAL AGENCY DISCLOSURE AND CONSENT) 1. In consideration of the services to be performed by, (Brokerage Company, hereinafter
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How to fill out without dual agency disclosure

Point by point instructions on how to fill out without dual agency disclosure:
01
Obtain the necessary forms: Begin by obtaining the appropriate without dual agency disclosure forms from your local real estate governing body or association. These forms are typically available online or can be obtained from your real estate agent or broker.
02
Read and understand the disclosure requirements: Before filling out the forms, take the time to thoroughly read and understand the disclosure requirements. Pay close attention to any specific instructions or guidelines provided.
03
Gather relevant information: Collect all the necessary information required for the disclosure. This may include details about the property, the parties involved in the transaction, and any relevant disclosures or agreements that need to be made.
04
Complete the disclosure form: Using clear and concise language, fill out the without dual agency disclosure form accurately and completely. Ensure that all required fields are filled in and any supporting documentation is attached as per the instructions.
05
Seek legal or professional advice if needed: If you are unsure about any aspect of the disclosure form or have specific questions related to your situation, it is advisable to seek legal or professional advice. They can provide guidance and clarity to ensure compliance with local regulations.
Who needs without dual agency disclosure?
01
Home sellers: When selling a property without the involvement of a real estate agent or broker, the home seller is responsible for filling out the without dual agency disclosure. This disclosure alerts potential buyers that the seller will not be represented by an agent or broker in the transaction.
02
For-sale-by-owner (FSBO) sellers: If you are selling your property as a FSBO, meaning you are not using the services of a real estate agent or broker, you will typically need to complete the without dual agency disclosure form. This informs potential buyers that they will not have the traditional buyer's agent representation in the transaction.
03
Buyers considering a FSBO property: If you are a potential buyer considering purchasing a FSBO property, the without dual agency disclosure is relevant to you. This disclosure provides transparency about the lack of agent representation for the seller and allows you to make an informed decision before proceeding with the purchase.
Overall, filling out the without dual agency disclosure form accurately and ensuring it is properly delivered to all parties involved in the transaction is crucial for maintaining transparency and avoiding potential legal issues.
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What is without dual agency disclosure?
Without dual agency disclosure refers to a situation where a real estate agent is not representing both the buyer and the seller in a transaction.
Who is required to file without dual agency disclosure?
Real estate agents who are not representing both the buyer and the seller in a transaction are required to file without dual agency disclosure.
How to fill out without dual agency disclosure?
To fill out without dual agency disclosure, real estate agents must include the necessary information about their representation in the transaction.
What is the purpose of without dual agency disclosure?
The purpose of without dual agency disclosure is to provide transparency to all parties involved in a real estate transaction.
What information must be reported on without dual agency disclosure?
Information that must be reported on without dual agency disclosure includes the names of the parties involved, the agent's role in the transaction, and any potential conflicts of interest.
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