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NEW JERSEY ASSOCIATION OF REALTORS STANDARD FORM OF
INFORMED CONSENT TO DUAL AGENCY
(BUYER)
2001, New Jersey Association of REALTORS, Inc.1
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How to fill out new jersey dual agency
How to fill out new jersey dual agency
01
Begin by obtaining a New Jersey Dual Agency Disclosure and Consent Agreement form. This form is typically provided by the real estate agent or broker involved in the transaction.
02
Carefully read the form and familiarize yourself with the obligations and responsibilities of both parties involved in the dual agency.
03
Fill out all necessary personal information required on the form, such as your name, address, and contact details.
04
Review the terms and conditions outlined in the form, including any potential conflicts of interest that may arise from dual agency representation.
05
Sign and date the form to indicate your consent and understanding of the dual agency arrangement.
06
Make copies of the completed form for your own records.
07
Return the signed form to the real estate agent or broker as instructed.
08
Keep a copy of the fully executed form as proof of your consent to the dual agency arrangement.
Who needs new jersey dual agency?
01
New Jersey dual agency can be beneficial for individuals who are both buying and selling real estate properties simultaneously.
02
It is also suitable for those who trust and have confidence in a specific real estate agent or broker to represent their best interests in both transactions.
03
However, it is essential to understand the potential conflicts of interest that may arise in dual agency situations and evaluate whether this arrangement is truly in your best interest.
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What is new jersey dual agency?
New Jersey dual agency is when a real estate agent represents both the buyer and seller in a transaction.
Who is required to file new jersey dual agency?
Real estate agents who are representing both the buyer and seller in a transaction are required to file New Jersey dual agency.
How to fill out new jersey dual agency?
To fill out New Jersey dual agency, the real estate agent must disclose in writing to both parties that they are representing both the buyer and seller in the transaction.
What is the purpose of new jersey dual agency?
The purpose of New Jersey dual agency is to ensure transparency and full disclosure when one agent is representing both parties in a real estate transaction.
What information must be reported on new jersey dual agency?
The information that must be reported on New Jersey dual agency includes the names of the buyer and seller, the property address, and the terms of the transaction.
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