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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.
Step 1: The real estate agent discloses or presents the choice of being the agent for only the seller, for only the buyer, or for both. Step 2: The seller and/or buyer make their choices known. Step 3: The agent, seller, and buyer sign the required form.
Terms in this set (25) Each party must receive the agency law pamphlet before either party signs an agency agreement, signs an offer consent to a dual agency, or waives any agency rights, whichever of these events comes first.
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.
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.
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People also ask

Under Louisiana law, home sellers must disclose material information about their property. State law explicitly requires sellers to provide a disclosure document to potential buyers disclosing any known property defects.
Agents need to fill out the form. Three steps to agency disclosure are disclose, elect, confirm. is a contract to employ a broker, legally referred to as an agent, to certain things for the owner or seller.
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.
Agents need to fill out the form. Three steps to agency disclosure are disclose, elect, confirm. is a contract to employ a broker, legally referred to as an agent, to certain things for the owner or seller.
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.

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