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Loan Number:NEW YORK DUAL AGENCY TRANSACTION DISCLOSURE Date: Borrower Name(s): Property Address:Broker:THE FOLLOWING DISCLOSURE AND ACKNOWLEDGMENT APPLY TO THOSE TRANSACTIONS IN WHICH THE REAL ESTATE

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How to fill out new york dual agency

01

Understand the roles of a dual agent, who represents both the buyer and seller in a real estate transaction.

02

Disclose in writing to both parties that you will be acting as a dual agent.

03

Obtain written consent from both parties to act as a dual agent.

04

Maintain neutrality and avoid giving preferential treatment to either party.

05

Keep communication open with both parties and ensure transparency throughout the transaction.

Who needs new york dual agency?

01

Buyers and sellers in real estate transactions in New York may choose to use a dual agent when they want one agent to represent both parties.

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What is new york dual agency?

New York dual agency is when a real estate agent represents both the buyer and seller in a transaction.

Who is required to file new york dual agency?

Real estate agents who are acting as dual agents in New York are required to file the dual agency disclosure form.

How to fill out new york dual agency?

To fill out the New York dual agency disclosure form, the real estate agent must provide information about both the buyer and seller in the transaction.

What is the purpose of new york dual agency?

The purpose of New York dual agency is to disclose to all parties involved in a real estate transaction that the agent is representing both the buyer and seller.

What information must be reported on new york dual agency?

The New York dual agency disclosure form must include information about the property being bought or sold, the parties involved, and the terms of the transaction.

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