Get the free Non-agency Disclosure and Acknowledgment Agreement

Este acuerdo de divulgación y reconocimiento no agencia establece que los miembros de PADI no son agentes ni empleados de PADI Americas, Inc. y que PADI no es responsable de las actividades comerciales

How to fill out non-agency disclosure and acknowledgment

How to fill out non-agency disclosure and acknowledgment

1. Read the non-agency disclosure document thoroughly.
2. Identify the parties involved in the transaction.
3. Clearly state the nature of the relationship between the agent and the parties.
4. Fill in the required information, including names and contact details.
5. Indicate the services rendered by the agent and clarify that they are not representing either party.
6. Ensure all parties initial and sign the form where indicated.
7. Provide copies of the signed document to all parties involved.

Who needs non-agency disclosure and acknowledgment?

1. Anyone involved in a real estate transaction where an agent is facilitating but not acting as a representative.
2. Buyers or sellers who want clarity on the relationship with their agent.
3. Real estate agents operating in a non-agency capacity.

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What is non-agency disclosure and acknowledgment?

Non-agency disclosure and acknowledgment is a document that informs consumers about the nature of the relationship between them and the real estate agent, specifically indicating that the agent is not acting as their agent or representative.

Who is required to file non-agency disclosure and acknowledgment?

Real estate agents and brokers who are facilitating a transaction without acting as agents for the buyers or sellers are typically required to file a non-agency disclosure and acknowledgment.

How to fill out non-agency disclosure and acknowledgment?

To fill out a non-agency disclosure and acknowledgment, the agent needs to provide information regarding their role in the transaction, obtain the signatures of the involved parties, and ensure that all relevant details are accurately completed.

What is the purpose of non-agency disclosure and acknowledgment?

The purpose of non-agency disclosure and acknowledgment is to clarify the nature of the relationship between the consumers and the real estate agent, ensuring that all parties understand their rights and obligations in the transaction.

What information must be reported on non-agency disclosure and acknowledgment?

The information that must be reported includes the identities of the parties involved, a description of the agent's role, acknowledgment of the non-agency status, and signatures from both the agent and the consumers.