Unrepresented seller disclosure and fee agreement nc 2025

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One of the most significant risks of being an unrepresented buyer is the lack of legal protection. Real estate agents ensure that the transaction is compliant with local and state laws, protect your rights as a buyer, and navigate the maze of paperwork required in a real estate transaction.
If an owner selects NR, it could mean the owner (1) has knowledge of an issue and chooses not to disclose it, or (2) simply does not know. BROKERS: A licensed real estate broker shall furnish their seller-client with a Disclosure Statement for the seller to complete in connection with the transaction.
Final answer: A sellers agent owes legal duties to an unrepresented buyer, including fair and honest dealing, disclosure of material facts, and loyalty to their client.
The purpose of the Unrepresented Seller Disclosure and Fee Agreement is to formalize the sellers intent to sell their property without agent representation. This document clarifies the fee structure and obligations of both parties involved.
If the Seller chooses to answer yes or no to any of the questions on the disclosure form, and the Seller has lied, they can be subjected to a lawsuit for fraud.

People also ask

1:01 2:42 Position marketing and showings. The sellers agent is responsible for marketing the propertyMorePosition marketing and showings. The sellers agent is responsible for marketing the property hosting open houses and coordinating showings. During these interactions. They must treat all potential
What are the lawful duties owed to an unrepresented buyer by a sellers agent? fair and honest dealing and disclosure of material facts about the property The legal duties owed by the sellers agent are fair and honest dealing and disclosure of material facts. Loyalty and fidelity would imply an agency relationship.

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