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AGENCY DISCLOSURE AS REQUIRED BY TENNESSEE LAW
Every real estate licensee is required to disclose his or her agency status in a real estate transaction to any buyer or
seller who is not represented
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How to fill out agency disclosure as required
How to fill out agency disclosure as required
01
Start by obtaining the agency disclosure form from your local real estate board or association.
02
Carefully read and understand the instructions provided with the form.
03
Fill in your personal information, such as your name, address, and contact details.
04
Identify the property for which the agency disclosure is being filled out.
05
Determine your role in the transaction – whether you are the seller, buyer, or a dual agent.
06
Provide details about the real estate agent or broker who will be representing you.
07
Answer the questions related to the real estate agent's agency relationships, such as whether they represent the buyer, seller, or both.
08
Sign and date the agency disclosure form.
09
Make a copy of the signed form for your records.
10
Submit the completed agency disclosure form to the appropriate parties involved in the real estate transaction.
Who needs agency disclosure as required?
01
Anyone involved in a real estate transaction, including sellers, buyers, and real estate agents or brokers, needs to provide or receive agency disclosure as required. This helps ensure transparency and informed decision-making in the transaction.
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What is agency disclosure as required?
Agency disclosure is a legal requirement for real estate transactions where agents must disclose their relationship with the buyer or seller.
Who is required to file agency disclosure as required?
Real estate agents and brokers are required to file agency disclosure as required.
How to fill out agency disclosure as required?
To fill out agency disclosure, agents must provide information about their relationship with the parties involved in the transaction.
What is the purpose of agency disclosure as required?
The purpose of agency disclosure is to ensure transparency and inform the parties involved about the agent's relationship.
What information must be reported on agency disclosure as required?
Agents must report their agency relationship, any conflicts of interest, and any potential benefits they may receive from the transaction.
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