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NOTICE OF AGENCY RELATIONSHIP When working with a real estate agent in buying or selling real estate West Virginia Law requires that you be informed of whom the agent is representing in the transaction. The
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How to fill out notice of agency relationship

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Step 1: Begin by stating the name of the agency and the date the notice is being filled out.
02
Step 2: Provide the contact information of both the agency and the client, including names, addresses, phone numbers, and email addresses.
03
Step 3: Specify the nature of the agency relationship, whether it is a principal-agent relationship or a subagency relationship.
04
Step 4: Include details about the scope of authority granted to the agent, such as the types of actions the agent is authorized to take on behalf of the client.
05
Step 5: Indicate the duration of the agency relationship, whether it is a one-time occurrence or has a specific term.
06
Step 6: Clarify any compensation arrangements or commission rates agreed upon between the agency and the client.
07
Step 7: Include a provision for termination or revocation of the agency relationship, along with any notice requirements.
08
Step 8: Both the client and the agent should sign and date the notice, acknowledging their agreement to the terms stated.
09
Step 9: Make copies of the signed notice for both parties' records.
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Step 10: File the original notice with the appropriate authorities, if necessary.

Who needs notice of agency relationship?

01
The notice of agency relationship is needed by individuals or entities who are establishing a formal agency agreement. This may include real estate agents, insurance agents, attorneys, financial advisors, or any other professional acting on behalf of a client. The notice helps to define the roles, responsibilities, and obligations of both the agent and the client in the agency relationship.
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Notice of agency relationship is a document that discloses a relationship where one party acts on behalf of another party.
The party acting on behalf of another party is required to file the notice of agency relationship.
The notice of agency relationship can be filled out by providing the necessary information about the relationship and signing the document.
The purpose of the notice of agency relationship is to inform third parties about the authorized relationship between the parties.
The notice of agency relationship must include the names of the parties, the nature of the relationship, and any limitations or restrictions.
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