Tagged : Real Estate Agency Disclosure New York

Found 1 blog entry tagged as "Real Estate Agency Disclosure New York".

Agency disclosure defines the relationship between client and agent in all transactions of residential real property.

Agent’s provide this disclosure to make it clear to whom they owe ‘fiduciary' responsibility. With this disclosure in place, all parties involved in a transaction are aware of who is in charge of representing each client’s interest, and to what capacity they represent those interests. Whether you’re looking for an agent to help you acquire a property or sell, you’ll come across this disclosure form when you are signing all of your documents with your potential agent. As given away in the title, this law just mandates the disclosure of whatever agency agreement is in place and an acknowledgment by the client that they understand that

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