Get the free CONCURRENT BROKER ACKNOWLEDGEMENT FORM. (Also attached to Concurrent License Applica...

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Commonwealth of Virginia Department of Professional and Occupational Regulation 9960 Maryland Drive, Suite 400 Richmond, Virginia 232331485 (804) 3678526 www.dpor.virginia.gov Real Estate Board CONCURRENT

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How to fill out concurrent broker acknowledgement form

01

Obtain the concurrent broker acknowledgement form from the relevant authority or organization.

02

Fill out your personal details such as your name, address, and contact information.

03

Provide information about the broker you are acknowledging, including their name, brokerage firm, and contact information.

04

Sign and date the form to authenticate your acknowledgement of the broker's involvement.

05

Submit the completed form to the appropriate party as required.

Who needs concurrent broker acknowledgement form?

01

Individuals or entities involved in a real estate transaction where multiple brokers are representing different parties.

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What is concurrent broker acknowledgement form?

Concurrent broker acknowledgement form is a form that brokers need to file to acknowledge that they are aware of concurrent representation in a real estate transaction.

Who is required to file concurrent broker acknowledgement form?

Brokers who are involved in a real estate transaction where they are representing more than one party.

How to fill out concurrent broker acknowledgement form?

The form can usually be filled out online or manually, and brokers need to provide information about the parties involved in the transaction and acknowledge their awareness of concurrent representation.

What is the purpose of concurrent broker acknowledgement form?

The purpose of the form is to ensure transparency in real estate transactions and to prevent conflicts of interest that may arise from concurrent representation.

What information must be reported on concurrent broker acknowledgement form?

Brokers must report the names of the parties involved, their roles in the transaction, and acknowledge their awareness of concurrent representation.

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