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This document outlines the various brokerage relationships available in real estate transactions, specifically focusing on landlord agency, tenant agency, and transaction-brokerage. It provides definitions of working relationships, obligations of agents, and disclosures required from both landlords and tenants. It includes sections for tenant acknowledgment, employment history, criminal background, pet ownership, and application fees. The document is not a contract but serves to inform the...
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What is brokerage disclosure to tenant?
Brokerage disclosure to tenant is a formal notice provided by real estate brokers to inform tenants about their role in a real estate transaction, specifically whether they represent the tenant, the landlord, or both.
Who is required to file brokerage disclosure to tenant?
Real estate brokers and agents involved in leasing or renting properties are required to file brokerage disclosures to tenants.
How to fill out brokerage disclosure to tenant?
The brokerage disclosure form can be filled out by providing information such as the names of the parties involved, the nature of the agency relationship, and any disclosures regarding compensation and conflicts of interest.
What is the purpose of brokerage disclosure to tenant?
The purpose of brokerage disclosure to tenant is to ensure transparency in the agency relationship and inform the tenant of their rights and the broker's obligations.
What information must be reported on brokerage disclosure to tenant?
The information that must be reported includes the identity of the broker, the relationship to the tenant and landlord, any potential conflicts of interest, and the details of compensation.
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