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CONNECTICUT DUAL CAPACITY DISCLOSURE Borrower Name(s): Lender: Date: Property Address: Real Estate Broker/Salesperson Acting as a Mortgage Broker I UNDERSTAND THAT THE REAL ESTATE BROKER OR SALESPERSON

How to fill out connecticut dual capacity disclosure

Point by point instructions on how to fill out Connecticut Dual Capacity Disclosure:

1. Read the instructions: Begin by carefully reading the instructions provided with the Connecticut Dual Capacity Disclosure form. This will give you a clear understanding of the purpose and requirements of the disclosure.
2. Gather necessary information: Get all the relevant information needed to complete the form. This may include your name, the property address, and details about any dual capacity property transactions.
3. Provide accurate details: Fill out the form accurately, ensuring that all the required fields are completed. Be sure to include specific information about any conflicting interests or potential benefits as per the instructions.
4. Seek legal advice if necessary: If you are unsure about any aspect of the disclosure or have complex circumstances, it is advisable to seek legal advice. An attorney specialized in real estate matters can help you navigate the disclosure requirements properly.
5. Verify and review: Before submitting the form, review it thoroughly to ensure all the information entered is accurate and complete. Double-check for any errors or omissions that might cause delays or complications.
6. Sign and date: Once you are satisfied with the completed form, sign and date it as required. Ensure your signature is legible and matches your legal name.

Who needs Connecticut Dual Capacity Disclosure?

Real estate professionals: Real estate agents or brokers who engage in dual representation, where they represent both the buyer and seller in a transaction, need to provide the Connecticut Dual Capacity Disclosure.

Property buyers and sellers: Both buyers and sellers in a real estate transaction need to be aware of any potential conflicting interests or dual capacity that their agent may have. Therefore, it is important for them to receive and review the Connecticut Dual Capacity Disclosure form.

Real estate attorneys: Attorneys specializing in real estate law may need to consider the Connecticut Dual Capacity Disclosure when advising their clients on the legal implications of dual representation or conflicting interests.

It is important to note that the requirements for the Connecticut Dual Capacity Disclosure may vary depending on the specific circumstances of each real estate transaction. It is always recommended to consult a legal professional if you have any doubts or questions about the disclosure process.

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