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G R E A T E R B O S T O N R E A L E S T A T E B O A R MASSACHUSETTS CONSENT TO DUAL AGENCY SA M PL E A real estate broker or salesperson may act as a dual agent who represents both prospective buyer
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How to fill out consent to dual agency
How to fill out consent to dual agency:
01
Obtain the necessary forms: Request the consent to dual agency form from your real estate agent or brokerage. This form is typically required in situations where the real estate agent or brokerage represents both the buyer and the seller in a transaction.
02
Read and understand the form: Take the time to carefully read through the consent to dual agency form. Familiarize yourself with the terms and conditions, as well as any potential implications or limitations that may arise from consenting to dual agency.
03
Seek legal advice if necessary: If you have any concerns or questions about the consent to dual agency form, consider seeking legal advice from a real estate attorney. They can help clarify any issues and ensure that you fully understand the implications of signing the form.
04
Complete the form accurately: Once you are comfortable with the form and its contents, fill it out accurately. Provide all requested information, including your name, contact details, and the relevant property or transaction details.
05
Date and sign the form: Make sure to include the date of signing and sign the consent to dual agency form. By signing the form, you are acknowledging your understanding of the dual agency arrangement and giving your consent for the real estate agent or brokerage to represent both parties in the transaction.
Who needs consent to dual agency?
In general, both buyers and sellers involved in a real estate transaction may need to provide their consent to dual agency. This is particularly true when the same real estate agent or brokerage is representing both parties.
However, the specific requirements for obtaining consent to dual agency vary by jurisdiction. It is important to consult the laws and regulations in your area to determine whether consent is necessary and who is responsible for obtaining it.
Additionally, some buyers and sellers may choose to work exclusively with a single-agent representation to avoid potential conflicts of interest. This is a personal decision that depends on individual preferences and circumstances.
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What is consent to dual agency?
Consent to dual agency is when a real estate agent represents both the buyer and seller in a real estate transaction.
Who is required to file consent to dual agency?
Both the buyer and seller are required to file consent to dual agency.
How to fill out consent to dual agency?
Consent to dual agency can be filled out by both parties signing a form provided by the real estate agent.
What is the purpose of consent to dual agency?
The purpose of consent to dual agency is to ensure that both parties are aware and in agreement that the agent is representing both sides of the transaction.
What information must be reported on consent to dual agency?
The consent form must include the names of the buyer and seller, the property address, and the terms of the agreement.
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