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But, there are 12 states that are still considered \u201cnon-disclosure:\u201d Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah and Wyoming. In a non-disclosure state, transaction sale prices are not available to the public.
AND REGISTRATION STATEMENT. This form confirms the status of your relationship with the undersigned company (the \u201cBroker\u201cFirm\u201d). THIS FORM IS NOT AN AGENCY CONTRACT OR AGREEMENT BETWEEN YOU AND THE BROKERFIRM.
The purpose of the agency disclosure form is to protect the client. Upon signing, there is no contractual obligation to exclusively work with that agent, however, this document does make sure that everyone who hires a real estate agent understands the full scope of their relationship dynamic.
The purpose of the agency disclosure form is to protect the client. Upon signing, there is no contractual obligation to exclusively work with that agent, however, this document does make sure that everyone who hires a real estate agent understands the full scope of their relationship dynamic.
The disclosure form explains that a broker can represent a seller alone, a buyer alone, or both at the same time, known as dual agency. The form explains that dual agency is only legal in a real estate transaction if both the seller and the buyer understand and consent to the arrangement.
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People also ask

Seller Disclosure Statement in Georgia Usually a real estate agent will use the "Seller's Property Disclosure Statement" form prepared by the Georgia Association of REALTORS.
In Illinois an agency relationship is defined in Article 15 of the License Act. An agency relationship can be created regardless of whether the seller pays the fee, the buyer pays the fee, each pays, or neither pays.
When Must Real Estate Agency Relationships Be Disclosed to a Consumer? Typically defined as the earliest practicable opportunity during a conversation with a consumer. This can occur prior to entering into a listing agreement, prior to showing a property, or even at an open house.
1) When must a licensee provide an agency disclosure to a prospective client? - The listing agent must provide the disclosure to the seller prior to securing the listing agreement. - The selling agent must provide the disclosure to the seller "as soon as practicable" prior to presenting a purchase offer.
The agency confirmation provision discloses the existence or nonexistence of each broker's agency with the different parties to the transaction. The determination and declaration of the actual agency resulting from a broker's conduct is made by each broker involved.

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