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Name: Fillable Online Transaction Broker Addendum 2017 - Effective Real Estate Agreements Fax Email Print - pdfFiller
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This Transaction Broker Addendum outlines responsibilities and obligations for brokers in real estate transactions, ensuring fair practices and compliance with Kansas law.

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What is transaction broker addendum?

A transaction broker addendum is a legal document that outlines the specific roles and responsibilities of a transaction broker in a real estate transaction. It serves to clarify the broker's relationship with the parties involved and the services provided.

Who is required to file transaction broker addendum?

Typically, the transaction broker or real estate agent representing the parties in the transaction is required to file the transaction broker addendum.

How to fill out transaction broker addendum?

To fill out a transaction broker addendum, the broker should provide details about the transaction, including the property information, the parties involved, and the specific duties the broker will perform. It must be signed by all parties involved.

What is the purpose of transaction broker addendum?

The purpose of the transaction broker addendum is to formalize the arrangement between the broker and the parties, ensuring that all parties are aware of the broker's role and the services provided, thereby minimizing potential conflicts.

What information must be reported on transaction broker addendum?

The transaction broker addendum must report information such as the names of the parties, the property address, the terms of the transaction, and the specific services to be rendered by the broker.

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