CT Coldwell Banker Dual Agency Consent Agreement 1998-2025 free printable template

DUAL AGENCY CONSENT AGREEMENT Addendum Property Address: # Street City State Zip Seller(s) or Landlord(s): Buyer(s) or Tenant(s): Broker: (1) This Dual Agency Consent Agreement is an addendum to and

How to fill out buyer agreement form

How to fill out CT Coldwell Banker Dual Agency Consent Agreement

1. Begin by reading the entire CT Coldwell Banker Dual Agency Consent Agreement carefully to understand its contents and implications.
2. Identify the parties involved in the real estate transaction, including the buyer, seller, and the agent representing them.
3. Fill in the names and contact information of all parties in the designated sections of the agreement.
4. Indicate that you understand and consent to the dual agency arrangement, where the agent represents both the buyer and seller.
5. Review the outlined responsibilities and limitations of the agent in a dual agency situation to ensure clarity.
6. Both parties (buyer and seller) should sign and date the agreement to confirm their consent and understanding of the terms.

Who needs CT Coldwell Banker Dual Agency Consent Agreement?

1. Any individuals involved in a real estate transaction where the same agent represents both the buyer and the seller.
2. Real estate agents who are facilitating a transaction as a dual agent.
3. Potential homebuyers and sellers who wish to consent to dual agency representation in Connecticut.

People Also Ask about

Why does a dual agency relationship require a disclosure signed by both parties?

Dual agency occurs when an agent is representing both the buyer and the seller. Disclosure is of the utmost importance in cases of dual agency, as it is still the fiduciary duty of the agent to represent the interest of both clients. Dual agency is illegal in some states.

What is a dual agency agreement?

What Is Dual Agency? Dual agency occurs when a real estate agent works on behalf of both the home buyer and seller. In most real estate transactions, it is much more common to have separate agents represent each party, as this helps avoid the conflict of interest that can happen when an agent negotiates for both sides.

Can you be a dual agent in Florida?

In dual agency relationships, a realtor acts as the agent to both the buyer and seller of a property. Florida prohibits dual agency because it is impossible for a real estate agent to act in the best interests of both a buyer and seller simultaneously.

Is disclosed dual agency allowed in Florida?

—A real estate licensee in this state may enter into a brokerage relationship as either a transaction broker or as a single agent with potential buyers and sellers. A real estate licensee may not operate as a disclosed or nondisclosed dual agent.

How to do dual agency in Florida?

Dual agency is not allowed in Florida. Agency in real estate terminology means that the Realtor enters into a relationship with a client to whom he/she owes a fiduciary duty, also known as obedience, loyalty and confidentiality.

Does Maryland allow dual agency?

Dual agency may occur only if both parties consent to it, and sign the Consent for Dual Agency form prescribed by the Maryland Real Estate Commission.

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What is CT Coldwell Banker Dual Agency Consent Agreement?

The CT Coldwell Banker Dual Agency Consent Agreement is a legal document that allows a real estate agent to represent both the buyer and the seller in a transaction, ensuring that both parties understand and agree to this dual representation.

Who is required to file CT Coldwell Banker Dual Agency Consent Agreement?

Real estate agents representing both parties in a transaction are required to file the CT Coldwell Banker Dual Agency Consent Agreement to obtain consent from both the buyer and seller.

How to fill out CT Coldwell Banker Dual Agency Consent Agreement?

To fill out the CT Coldwell Banker Dual Agency Consent Agreement, both the buyer and seller must provide their names, the details of the property, and sign the document to acknowledge their consent to dual agency.

What is the purpose of CT Coldwell Banker Dual Agency Consent Agreement?

The purpose of the CT Coldwell Banker Dual Agency Consent Agreement is to inform both parties about the implications of dual agency and to ensure transparency in the real estate transaction.

What information must be reported on CT Coldwell Banker Dual Agency Consent Agreement?

The information that must be reported on the CT Coldwell Banker Dual Agency Consent Agreement includes the names of the parties involved, property details, acknowledgment of dual agency, and signatures from both the buyer and seller.