THIS IS NOT A CONTRACT
Click here to see the full form (PDF)
New York State law requires real estate licensees who are acting as agents of buyers and sellers of property to advise the potential buyers and sellers with whom they work of the nature of their agency relationship and the rights and obligations it creates. This disclosure will help you to make informed choices about your relationship with the real estate broker and its sales associates.
Throughout the transaction, you may receive more than one disclosure form. The law requires each agent assisting in the transaction to present you with this disclosure form. A real estate agent is a person qualified to advise about real estate.
If you need legal, tax, or other advice, consult with a professional in that field.
Disclosure Regarding Real Estate Agency Relationships
Seller’s Agent
A seller’s agent is an agent who is engaged by a seller to represent the seller’s interest. The seller’s agent does this by securing a buyer for the seller’s home at a price and on terms acceptable to the seller...
Buyer’s Agent
A buyer’s agent is an agent who is engaged by a buyer to represent the buyer’s interest...
Broker’s Agents
A broker’s agent is an agent that cooperates or is engaged by a listing agent or a buyer’s agent...
Dual Agent
A real estate broker may represent both the buyer and seller if both parties give their informed consent in writing...
Dual Agent with Designated Sales Associates
If the buyer and seller provide their informed consent in writing, the principals and the real estate broker who represents both parties as a dual agent may designate a sales agent...
| Signature of Buyer: | ___________________ |
| Signature of Seller: | ___________________ |
