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2012	4.8 Satisfied (232 Votes)

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Is dual agency legal in Delaware?

Well, dual agency happens when one agent is actually working with both the buyer and the seller in a real estate transaction. So, in Delaware that's totally legal, the same agent can represent both the seller, whose home they have listed for sale, and a buyer who may have called them about that particular home.

What is a transaction broker in Georgia?

A transaction broker is defined under Georgia law as "a broker who has not entered into a client relationship with any of the parties to a particular real estate transaction and who performs only ministerial acts on behalf of one or more of the parties, but who is paid valuable consideration by one or more parties to ...

What is a consumer information statement?

The Consumer Information Statement (CIS) defines the four business relationships that a firm may engage in. CIS must be provided in: residential 1-4 family sale transactions. residential single family lot sales. residential lease transactions.

What is a consumer information statement?

The Consumer Information Statement (CIS) defines the four business relationships that a firm may engage in. CIS must be provided in: residential 1-4 family sale transactions. residential single family lot sales. residential lease transactions.

What is a transaction broker in NJ?

\u201cTransaction broker\u201d shall mean a brokerage firm which works with both parties in an effort to arrive at an agreement on the sale or rental of real estate and facilitates the closing of a transaction, but does not represent either party, and has no agency relationship with either party to the transaction.

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