Get the free MSBA Dual Agency PA Addendum

M.S.B.A. Real Property Form No. 52 (1996, Revised 2004, 2011, 2017). Page 1 of 2. DUAL AGENCY DISCLOSURE. ADDENDUM TO PURCHASE ...

How to fill out msba dual agency pa

How to fill out msba dual agency pa

1. To fill out the MSBA Dual Agency PA, follow these steps:
2. Start by entering the date at the top of the form.
3. Provide the name and contact information of the buyer(s) and seller(s) involved in the transaction.
4. Indicate the property address and legal description.
5. Specify the names of the real estate agents representing the buyer(s) and seller(s).
6. Check the appropriate boxes indicating the agency relationships being established, such as Buyer's Agent, Seller's Agent, or Dual Agent.
7. Enter any additional terms and conditions related to the agency relationship or the transaction.
8. Have all parties involved in the transaction sign and date the document.
9. Make copies of the completed form for all parties involved.
10. Submit the original form to the appropriate stakeholders, such as the buyer, seller, and real estate brokers or agencies.

Who needs msba dual agency pa?

1. MSBA Dual Agency PA is needed in real estate transactions where a dual agency relationship is being established.
2. A dual agency relationship occurs when a real estate agent or agency represents both the buyer and the seller in a transaction.
3. Both the buyer and seller may require the use of a MSBA Dual Agency PA to document and establish the terms of this dual agency relationship.
4. The form helps clarify the roles and responsibilities of the agent(s) and provides a framework for the transaction.
5. It is important for both parties to understand the implications and limitations of a dual agency relationship before signing the form.

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What is msba dual agency pa?

MSBA dual agency PA is a disclosure form that must be completed by real estate licensees who represent both the buyer and seller in a real estate transaction in Pennsylvania.

Who is required to file msba dual agency pa?

Real estate licensees who are acting as dual agents in a real estate transaction in Pennsylvania are required to file the MSBA dual agency PA form.

How to fill out msba dual agency pa?

To fill out the MSBA dual agency PA form, real estate licensees must provide information about the property, the parties involved, the terms of the transaction, and disclose any potential conflicts of interest.

What is the purpose of msba dual agency pa?

The purpose of the MSBA dual agency PA form is to disclose the potential conflicts of interest that may arise when a real estate licensee represents both the buyer and seller in a transaction, and to ensure transparency in the real estate transaction process.

What information must be reported on msba dual agency pa?

The MSBA dual agency PA form requires information about the property, the parties involved, the terms of the transaction, and any potential conflicts of interest that may arise from dual agency.