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The confirmation of agency must be in writing, the three steps of the disclosure process are disclose, elect, and confirm, and the selling agent must confirm the agency prior to the buyer making an offer.
The current list of non-disclosure states includes Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming.
The PDS is a critical document and should be taken seriously by the seller when filling it out as they could be held liable if a defect was knowingly concealed. The PDS should equally be taken seriously by the buyer, especially if a mortgage is being used for the purchase.
Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as a dual agent in California only if the buyer and seller are both aware of and consent to the dual agency.
Dual agency occurs when a real estate agent works on behalf of both the home buyer and seller. In most real estate transactions, it is much more common to have separate agents represent each party, as this helps avoid the conflict of interest that can happen when an agent negotiates for both sides.
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Louisiana has no requirement for disclosure of death on a property. The state does not require disclosure of any fact or suspicion that a property might be physically impacted.
The State Transfer Disclosure is required for all home sales in California. The transfer disclosure statement (TDS) evaluates the condition of a property. Every residential seller must complete the TDS document. It will let the buyer know about major defects at the property.
A Louisiana residential purchase and sale agreement is written by a buyer to make an offer for the purchase of real estate to the seller. The seller will either accept, reject, or make a counter-offer for commonly a higher price.
The required Property Disclosure Document may be in the form promulgated by the Louisiana Real Estate Commission (Commission) or in another form that contains substantially the same information. The Commission form can be found at .lrec.gov.
Inside Types of Administrative Agency Action: Rulemaking, Adjudication, Investigation.

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