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AMENDMENT TO BUYER BROKERAGE AGREEMENT/ DESIGNATED BUYER BROKERAGE AGREEMENT Approved by the Nova Scotia Real Estate Commission for use by Industry Members under the Real Estate Trading Act RE: Buyer
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How to fill out amendment to buyer brokerage

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Point by point instructions on filling out an amendment to buyer brokerage:

01
Start by obtaining a copy of the original buyer brokerage agreement. This is the contract that outlines the terms and conditions between the buyer and the real estate agent or brokerage firm.
02
Identify the specific changes that need to be made to the original agreement. This could include updating the purchase price, extending the expiration date, or adding additional terms and conditions.
03
Gather all relevant information that supports the changes being made. This could include documents such as revised purchase agreements, addendums, or any other necessary paperwork.
04
Make sure to clearly articulate the details of the requested amendments. Be specific in describing what is being modified and provide any additional information or clarification if needed.
05
Review the amendment form provided by the real estate agent or brokerage firm. This form should include sections for entering the necessary changes and any required signatures.
06
Fill out the amendment form accurately and completely. Double-check all information to ensure accuracy and consistency with the requested changes.
07
If there are multiple parties involved in the amendment process, such as the buyer, the seller, and the real estate agent, ensure that all parties sign the amendment form.
08
Once the amendment form is completed and signed, make copies for all parties involved. Keep a copy for your records and provide copies to the other parties as required.
09
Submit the completed amendment form to the real estate agent or brokerage firm. They will review it, make any necessary adjustments or clarifications, and provide a final signed copy for all parties involved.

Who needs an amendment to buyer brokerage?

An amendment to buyer brokerage is needed by any buyer who wishes to modify the terms and conditions outlined in the original buyer brokerage agreement. It may be necessary due to changes in the purchase price, timeframe, or other factors that require adjustments to the agreement. The amendment ensures that all parties involved are aware of and agree to the revised terms, providing clarity and legal protection for everyone.
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An amendment to buyer brokerage is a document that modifies or updates the terms of an existing buyer brokerage agreement.
The buyer and the real estate agent or brokerage involved in the agreement are required to file an amendment to the buyer brokerage.
To fill out an amendment to buyer brokerage, you must clearly state the changes being made to the original agreement and have all parties involved sign and date the document.
The purpose of an amendment to buyer brokerage is to ensure that any changes to the initial agreement are documented and agreed upon by all parties.
The information reported on an amendment to buyer brokerage may include changes to the commission rate, property description, or any other terms of the agreement.
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