Get the free Indiana Limited Dual Agency Agreement

LIMITED AGENCY AGREEMENT (Licensee represents both Seller and Buyer or both Landlord and Tenant) (Principal or Managing Broker personally represents a client and affiliated Licensee represents other

How to fill out indiana limited dual agency

How to fill out indiana limited dual agency

1. Step 1: Obtain the Indiana Limited Dual Agency Disclosure Form from the appropriate source.
2. Step 2: Read the instructions and requirements listed on the form carefully.
3. Step 3: Fill out all the necessary personal details such as your name, address, and contact information.
4. Step 4: Provide information about the property involved in the transaction, including its address and legal description.
5. Step 5: Indicate whether you are the buyer, seller, or both in the transaction.
6. Step 6: If you are an agent representing both the buyer and the seller, disclose the agency relationships you have with each party.
7. Step 7: Attach any additional documentation required or relevant to the transaction.
8. Step 8: Review the completed form for accuracy and completeness.
9. Step 9: Sign and date the form to confirm your understanding and agreement to the limited dual agency.
10. Step 10: Submit the filled-out form to the appropriate party or authority as per the instructions provided.

Who needs indiana limited dual agency?

1. Indiana limited dual agency is typically needed in real estate transactions where a real estate agent or broker represents both the buyer and the seller. It allows the agent to act as an intermediary between the parties involved in the transaction while ensuring both parties' interests are protected. This type of agency may be suitable for individuals who trust the agent's impartiality and are comfortable with the agent representing both sides of the transaction.

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What is indiana limited dual agency?

Indiana limited dual agency is a situation in which a real estate agent represents both the buyer and the seller in the same transaction, with the consent of both parties.

Who is required to file indiana limited dual agency?

Real estate agents who are acting as limited dual agents are required to file the necessary paperwork in Indiana.

How to fill out indiana limited dual agency?

To fill out Indiana limited dual agency paperwork, real estate agents must disclose their role as a dual agent, obtain consent from both parties, and provide all relevant information about the transaction.

What is the purpose of indiana limited dual agency?

The purpose of Indiana limited dual agency is to allow a real estate agent to facilitate a transaction between a buyer and a seller, while representing both parties fairly and impartially.

What information must be reported on indiana limited dual agency?

Information that must be reported on Indiana limited dual agency includes the names of the parties, the property address, the terms of the transaction, and any potential conflicts of interest.