Sentences with phrase «dual agent in»

A dual agent in California was sued by the seller because she told the buyer to ask for a carpet allowance from the seller.

The «AS LIMITED DUAL AGENT» column describes the duties that a brokerage under brokerage agency, or a designated agent under designated agency, would have to both clients if those clients have agreed that the brokerage or the designated agent, as the case may be, are able to act on their behalf as a limited dual agent in relation to the same trade.

Ms. Guo acted as a limited dual agent in the assignment of a contract.

In cases where a licensee is acting as a limited dual agent in a situation other than for a buyer and a seller, the limitations with respect to disclosure by the licensee will change.

It is not necessary for a licensee to act as a limited dual agent in order for the licensee to receive the full commission payable.

Licensees should also be aware that when acting as a limited dual agent in a transaction where the parties to a contract have entered into a limited dual agency agreement, that agreement specifically modifies the duty of confidentiality and provides that licensees have a duty to disclose information to both parties in a transaction, subject to three exceptions as follows:

The potential purchaser and seller entered an agreement, with the listing broker acting as dual agent in the transaction.

The brokerage would not start out, as it does today, as the sole agent for one of the parties, with every licensee engaged by the brokerage taking on the same status, and then have to strip away many of its agency obligations (and simultaneously stop being able to provide the agency services it initially offered) to become an impartial dual agent in an «in - house» transaction.

Cynthia Curley («Buyer») made an offer to purchase the property, and Adams sent the Buyer a dual agency form asking her to acknowledge that Adams would serve as a dual agent in the transaction.

Next, she must determine whether Sam Seller has agreed to let her act as a dual agent in the transaction and obtain his full, written consent to Rita's new role.

The licensee disclosed that he had previously represented the seller in buying that property, and he would act as dual agent in the transaction.

The purchaser and seller agreed that the broker, through its associated licensees, would act as dual agent in the transaction for a luxury home.

In Wagner, the Montana Supreme Court addressed the duty owed by a dual agent in a real estate transaction.

The Broker and Salesperson also concluded that they could act as dual agents in the transaction.

«The partnership with my brother is structured where he works exclusively for our buyers and I serve all of our sellers.We have made the decision not to act as dual agents in order to always be able to represent our client's best interest.

Not exact matches

The first four of the mistakes are of the same class in that each violates «the principle of dual transcendence» by failing to conceive that God is not only transcendent and unsurpassable as an «agent» with power to be the cause of events, but also that God is transcendent and unsurpassable as «patient» in having a uniquely excellent capacity to be an effect.

The study, conducted by Yueping Yin of the National Center for STD Control & Chinese Academy of Medical Sciences & Peking Union Medical College Institute of Dermatology, Nanjing, China, and colleagues, also showed that the prevalence of dual resistance to these agents in N. gonorrhoeae isolates increased from 2013 to 2016.

The same reason; glutathione has a dual function as a detoxification agent, meaning that heightened levels gives more fuel to the relentless operation of hunting down all the unwanted toxins in the bloodstream.

There's also a fairly needless subplot involving a TSA agent, played by LilRel Howery, who dual - functions as an exposition delivery system and a tension - breaking comic - relief sidekick; it's the only part of the movie that betrays Peele's sketch - comedy roots, plainly visible in his script for last year's Keanu.

5 % if any two agents are part of the transaction; 4 % if I am the only agent in the transaction (in my state we do «limited representation» in lieu of dual agency), and 3 % if the seller brings me a buyer to close.

A dual agent is a real estate agent who represents both the buyer and seller in a transaction.

Agents who ONLY represent buyers and never engage in dual agency.

Posted in: Buying a House, Selling a House Tagged: agency realtionship, dual agency, real estate agent

Many clients today look for a specialized agent and pass by an agent who might work in dual agency.

The game features four characters (shotgun - wielding Mossad agent Shoshanna, axe - tossing Jimmy Wilson, voodoo - utilizing witch doctor JP Dumond, and samurai sword - slicing Inugami), each with a Darkness - infused weapon and a sidearm for dual - wielding, in addition to being able to use machine guns or each weapon individually.

Single player mode: Simultaneously handle the dual roles of the agent and the hacker in frantic, fast - paced gameplay.

Working from the dual vantage points of South Africa and Europe, the project considers plants as both witnesses and actors in history, and as dynamic agents — linking nature and humans, rural and cosmopolitan medicine, tradition and modernity — across different geographies, histories and systems of knowledge, with a variety of curative, spiritual and economic powers.

Working from the dual vantage points of South Africa and Europe the project shows plants as witnesses and actors in history, as dynamic agents linking nature and humans, tradition and modernity — across various geographies, histories and knowledge systems.

1 Apr. 21, 2016)(unpublished), buyers of seaside property sued seller and a dual broker agent for breach of contract, intentional misrepresentation, negligent misrepresentation, and rescission after dual agent told buyers at a pre-sale stage that foul odors in the house were attributable to «sea air,» when instead they emanated from a post-sale discovery of a buried oil and septic tank on the property.

The provincial association's concern is that not permitting dual agencies, especially in rural areas may limit agents.

The seller, regardless of her level of legal sophistication, was entitled to full disclosure in writing of the dual agency arrangement; the agent's failure to reveal that material fact disentitled her to the commission she would otherwise have been owed.

The court found that state case law supported this conclusion that a disclosed dual agent is not in a fiduciary relationship with his / her clients.

The court found that the agent did not review the dual agency provision with the seller and had not informed her in writing and prior to the offer being presented, as the commission agreement specifically required her to do.

And you're probably correct in your assertion that many agents when undertaking a dual agency scenario fail to fulfill their fiduciary responsibilities to at least one of the parties.

In one case that settled out of court in favor of the plaintiffs, a buyer and seller both sued an experienced dual agent because he failed to recommend having a specific completion date for repairs in the repair agreemenIn one case that settled out of court in favor of the plaintiffs, a buyer and seller both sued an experienced dual agent because he failed to recommend having a specific completion date for repairs in the repair agreemenin favor of the plaintiffs, a buyer and seller both sued an experienced dual agent because he failed to recommend having a specific completion date for repairs in the repair agreemenin the repair agreement.

(2) The designation of one or more licensees as a designated agent does not constitute dual agency under this section unless the licensee designated as the designated agent represents the parties referred to in paragraph (a), (b), (c) or (d) of the definition of «dual agency» as clients in respect of a trade in real estate.

Buyer and seller representation with disclosed dual agency: An agent may represent both the buyer and the seller in the same transaction, with the informed consent of both.

Dual agent: A state - licensed individual who represents the seller and the buyer in a single transaction.

«Seller's agents and dual agents do not and can not by law give a buyer the same degree of loyalty as an agent who acts on behalf of a buyer,» the court said in its ruling.

In this decision, the California Supreme Court considered the duty owed by a listing broker to the buyer when the broker is acting as a dual agent.

In the 1990s states began adopting legislation that established the designated and disclosed dual agency models and outlined the duties of practitioners based on the role they were assuming, such as seller's agent, buyer's agent, dual agent, or transaction facilitator.

The appellate court concluded that the potential purchaser presented some evidence showing that the licensee may not have acted in the would - be purchaser's best interest as dual agent.

I have always found that honesty / full disclosure was the best strategy when explaining the ins and outs of real estate dealings between agents and their clients, but especially during dual agency proceedings.

My greatest concern would be for the liability of the dual agent (in the same office as the listing agent) deemed to have the knowledge and, in dual agency jurisdictions, unable to act under the umbrella of a transaction brokerage as a designated agent.

The seller's agent became a dual agent for the seller and the new buyers in their transaction.

Buyer Agents will for the first time be able to explain Dual Agency and Single Agency along with a recommendation for any Buyer to contact a lawyer and get a legal opinion on whether Dual Agency is in the Buyer's Best interests.

I found this article a lot of what if and conjecture, and frankly insulting to the majority of ethical and hard working Realtors, I have 29 years experience as a Realtor and have found that when both parties to the transaction are fully informed an agreement can be reached regardless of a dual or single agent representation, this needless to say requires the skill and a commitment to help both parties come to the best possible agreement in a non adversarial way, remember the golden rule.

The Montana Association of REALTORS ® filed an amicus curiae brief arguing that because the state's law permits licensees to act as dual agents of the buyer and the seller and «act solely in the best interests» of both parties, a buyer's representative should be able to represent two bidders in the same manner.

Realtors should bear in mind as well that in Asia, dual agency — where one agent represents both buyer and seller — tends to be the rule rather than the exception.

The listing agent then had them sign a BRA with them so they were acting in dual agency, or multiple representation.