Get the free Agency Relationships Disclosure

This document is a disclosure form approved by the North Dakota Association of REALTORS®, which outlines the agency relationships and representation options available to consumers in real estate

How to fill out agency relationships disclosure

How to fill out agency relationships disclosure

1. Begin by clearly identifying the parties involved in the transaction.
2. Specify the type of agency relationship being established (e.g., buyer's agent, seller's agent).
3. Include details about the roles and responsibilities of each party in the relationship.
4. Disclose any potential conflicts of interest.
5. Include signature lines for all parties to acknowledge and consent to the disclosure.
6. Provide a date on which the disclosure is signed.

Who needs agency relationships disclosure?

1. Real estate agents and brokers.
2. Clients (buyers and sellers) engaged in a real estate transaction.
3. Investors who work with agents to secure properties.

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What is agency relationships disclosure?

Agency relationships disclosure is a document that outlines the nature of the relationship between a real estate agent and their client, specifying the rights and responsibilities of both parties.

Who is required to file agency relationships disclosure?

Typically, real estate agents and brokers are required to file agency relationships disclosures when representing clients in a real estate transaction.

How to fill out agency relationships disclosure?

To fill out an agency relationships disclosure, provide all required information about the parties involved, describe the type of agency relationship, and include signatures from all parties acknowledging the disclosure.

What is the purpose of agency relationships disclosure?

The purpose of agency relationships disclosure is to inform clients about the nature of the agency relationship, ensuring that they understand their rights and the obligations of their agent.

What information must be reported on agency relationships disclosure?

The information that must be reported includes the names of the parties, the type of agency relationship, a description of the services provided, and any potential conflicts of interest.