Get the free Agency Disclosure and Election

Offer To Purchase Form SUBJECT PROPERTY: ___ BUYER 1 FULL LEGAL NAME: ___ BUYER 1 PHONE NUMBER:___ BUYER 1 EMAIL ADDRESS:___ BUYER 2 FULL LEGAL NAME: ___ BUYER 2 PHONE NUMBER:___ BUYER 2 EMAIL ADDRESS:___

How to fill out agency disclosure and election

How to fill out agency disclosure and election

1. Begin by filling out the agency disclosure form, which should be provided by your real estate agent.
2. Review all sections of the agency disclosure form and ensure all information is accurate.
3. Sign and date the agency disclosure form to acknowledge your understanding of the agency relationship.
4. Next, fill out the election form to choose the type of agency relationship you wish to have with the real estate agent.
5. Review all options available on the election form and select the one that best suits your needs.
6. Sign and date the election form to finalize your choice of agency relationship.

Who needs agency disclosure and election?

1. Anyone engaging in a real estate transaction, either as a buyer or seller, needs to fill out agency disclosure and election forms.
2. Real estate agents also need these forms to properly establish and document the agency relationship with their clients.

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What is agency disclosure and election?

Agency disclosure and election is a legal requirement for real estate transactions where the agent must disclose their representation of the buyer or seller and elect how they will represent them.

Who is required to file agency disclosure and election?

Real estate agents are required to file agency disclosure and election.

How to fill out agency disclosure and election?

Agency disclosure and election forms can be filled out by providing accurate information about the agent, the buyer or seller, and how the agent will be representing them.

What is the purpose of agency disclosure and election?

The purpose of agency disclosure and election is to ensure transparency in real estate transactions and protect the interests of both buyers and sellers.

What information must be reported on agency disclosure and election?

Information such as the agent's name, contact information, representation of buyer or seller, and the chosen representation type (e.g. dual agency, seller's agent, buyer's agent) must be reported on agency disclosure and election.