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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.
Which type of transaction requires the use of an agency disclosure form?
The agency disclosure form is required for any sale or exchange of one-to-four dwelling units, any lease on one-to-four dwelling units for more than 1 year, commercial real property, and any mobile home if sold by a real estate licensee.
What is dual capacity disclosure?
Per the Lending Letter, a mortgage loan originator, or an associate of a mortgage loan originator, may act as both a mortgage loan originator and a real estate broker or agent in connection with the sale of property if the mortgage loan originator provides the buyer a dual capacity disclosure informing the borrower
Which of the following transactions would require a transfer disclosure statement?
The TDS is required in the sale of one to four residential units as well as transfers by exchange, installment land sale contract, lease with an option to purchase, option to purchase, or ground lease coupled with improvements.
What types of transactions in California may require agency disclosure?
What types of transactions in California may require agency disclosure? B - Agency disclosure is required for listings for sale or lease involving one- to four-unit residential properties and non-residential (commercial) properties.
capacity disclosure dual
California dual capacity disclosure remn wholesale pdfTexas Dual Capacity DisclosureRemn equity accessREMN customer service
California, like many states, requires most sellers of residential property containing one to four units to disclose, in writing, details about the property they being offered. These disclosure obligations apply whether its a standalone home, a high-rise condo unit, or a manufactured or mobile home.
What is required to be disclosed in California real estate?
Examples of material facts that must be disclosed include structural problems with the house, soil problems, a leaking roof, unpermitted construction, neighborhood noise problems, and anything else that a buyer would deem to be important.
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Part 1, Petition of the California Public Utilities
Feb 7, 2002 17 generation capacity, the utility must purchase and pay for that power from wholesale suppliers. 18 To avert a disastrous statewide power
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