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Vermont Real Estate Commission
Mandatory Consumer Disclosure
[This document is not a contract.]
This disclosure must be given to a consumer at the first reasonable opportunity and
before discussing
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What is online designated agency consumer?
An online designated agency consumer refers to a consumer who is represented by a designated agency in a real estate transaction that is facilitated through online means.
Who is required to file online designated agency consumer?
Real estate agents or brokers who are representing clients in a designated agency capacity and are conducting transactions online are required to file the online designated agency consumer forms.
How to fill out online designated agency consumer?
To fill out the online designated agency consumer form, agencies need to provide necessary consumer information, details of the transaction, and confirm the understanding of the agency relationship through an online submission platform.
What is the purpose of online designated agency consumer?
The purpose of the online designated agency consumer form is to establish a formal agency relationship between the agent and the consumer, ensuring that both parties understand their rights and responsibilities in the real estate transaction.
What information must be reported on online designated agency consumer?
Information that must be reported includes the consumer's name, contact details, the property involved, and disclosures regarding the agency relationship.
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