Get the free MD Agency Disclosure (Understanding Whom RE Agents Represent) 06232020Redacted22.pdf
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STATE OF MARYLAND REAL ESTATE COMMISSIONUnderstanding Whom Real Estate Agents Represent THIS NOTICE IS NOT A CONTRACT In this form seller includes landlord; buyer includes tenant; and purchase or
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How to fill out md agency disclosure understanding
How to fill out md agency disclosure understanding
01
Obtain a copy of the Maryland Agency Disclosure Form.
02
Review the form and familiarize yourself with the different types of agency relationships.
03
Fill out the top portion of the form with your personal information as the buyer or seller.
04
Read through the disclosure explanations provided and check the box that corresponds to your understanding of agency relationships.
05
Sign and date the form to acknowledge that you have received and understand the agency disclosure.
06
Keep a copy of the signed disclosure for your records.
Who needs md agency disclosure understanding?
01
Anyone buying or selling real estate in Maryland needs to have a clear understanding of the agency disclosure form.
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What is md agency disclosure understanding?
The md agency disclosure understanding is a document that outlines the relationship between a real estate agent and their client, disclosing the agent's duties and obligations.
Who is required to file md agency disclosure understanding?
Real estate agents are required to have their clients fill out the md agency disclosure understanding.
How to fill out md agency disclosure understanding?
Clients must read the document carefully and sign it to indicate their understanding and agreement with the terms outlined.
What is the purpose of md agency disclosure understanding?
The purpose of the md agency disclosure understanding is to ensure transparency and clarity in the relationship between the real estate agent and their client.
What information must be reported on md agency disclosure understanding?
The md agency disclosure understanding must include information on the agent's duties, compensation, and any potential conflicts of interest.
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