Sentences with phrase «dual agents for»

In the transaction, the mother and daughter licensees acted as dual agents for both parties.
The seller's agent became a dual agent for the seller and the new buyers in their transaction.
The Alabama Supreme Court has ruled that a salesperson who acted as a dual agent for both the buyers and sellers in a transaction had a fiduciary duty to make accurate statements to buyers when questioned about a property.
The defendant real estate broker acted as dual agent for both parties in a real estate transaction.
Can I continue to act as a dual agent for these clients after Rule 5 - 16 comes into effect?
Can I continue to act as a dual agent for these clients after Rule 5 - 16 comes into effect on June 15, 2018?
The broker - in - charge remains a disclosed dual agent for both clients, and ensures the assigned agents fulfill their duties to their respective clients.
Mr. McDonald served as dual agent for our home purchase; we found him to be balanced and fair.
86 DOS 93 Matter of DOS v. Winograd - undisclosed dual agent for tenant and subtenant; failure to provide copy of sublease violates 19 NYCRR § 175.1; no suspension of broker who has no knowledge at time of event or retention of proceeds, but liability for misconduct; refund unearned commission
Roger Yost («Salesperson») was the real estate professional who acted as a disclosed dual agent for both parties in the transaction.
When acting as a limited dual agent for a buyer and a seller, the licensee's duty of full disclosure is modified to allow the licensee to keep information in three areas confidential:
If the seller has agreed that you can act as a limited dual agent for both them and the buyers, you must take a neutral position.
the listing licensee should be aware that if acting as a limited dual agent for both the buyer who wishes to present a referential offer and the seller, the usual principles of dual agency apply and the licensee should ensure that both parties understand the limitations of the licensee acting as a dual agent.

Not exact matches

Accordingly, such intelligent agents are able to have dual - function experiences that at once cause their beliefs and provide the reasons for holding them.
The best evidence for the treatment of centralized pain conditions include centrally acting agents like dual uptake inhibitors, and anticonvulsants, as well as exercise and cognitive behavioral therapy, authors write.
«Nanoparticle based contrast agent developed for dual modal imaging of cancer.»
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.
Lawrence, the director, conjures compelling evidence for Dominika's dual allegiances — her growing relationship with the American agent feels convincing, but the punishingly brutal regime of Charlotte Rampling's stern matron throws doubt into the mix as Lawrence, the actor, is put through the wringer.
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.
If you use the same agent, they probably will have to give you a dual agent form, which advises you of that fact, and you recognize they work for two parties with different goals.
State laws vary, but most states will allow a listing agent to become a dual agent, says Walter Molony, a spokesman for the NAR.
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.
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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.
Dual agent settled for $ 275,000, which was confirmed as a good faith settlement.
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 agreement.
The purchaser and seller agreed that the broker, through its associated licensees, would act as dual agent in the transaction for a luxury home.
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.
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.
Rather, NAR has advocated clarity in the states» requirements for «informed consent» to assure that those brokers electing to serve as dual agents know how to comply with the law.
Review your brokerage company's policy to see if dual agency is permitted and exactly what actions you as a dual agent may not perform for each party.
Further, it is not possible for a dual agent to know whether or not the buyer, if they were represented by someone else would not have negotiated a better deal.
Dual agency is when an agent betrays his clients for their own gains.
The dual agent is using «asking prices» on active listings for a reason - they are probably higher prices than what those will eventually sell at...
DUAL AGENCY SITUATION — What if you are the listing agent in a dual agency situation and your sellers asks you for some feedbDUAL AGENCY SITUATION — What if you are the listing agent in a dual agency situation and your sellers asks you for some feedbdual agency situation and your sellers asks you for some feedback.
Even if one of those other licensees has long before established an agency relationship with a buyer, if that buyer becomes interested in any of the brokerage's listings, both the seller and the buyer must first agree for their respective licensees and the brokerage to act as dual agents before the seller and buyer can begin negotiating the transaction while using the assistance of those two licensees.
Fortunately for the REALTOR few buyers will object to being represented in a dual agency situation and lucky for the agents that buyers do not clearly understand their rights.
It is my guesstimate that approximately 30 of all real estate transactions are dual agency, so why would an informed buyer be interested in signing a BBA and be willing to pay an agent a fee for a reduced level of service.
The ATF considered designated agency to be a positive alternative to in - house dual agency when there is a licensee acting as sole agent for the seller, another licensee engaged by the same brokerage who is acting as sole agent for a buyer, and the buyer becomes interested in the property offered for sale by the seller.
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.
In this scenario it is assumed that the rebate back to the buyer will be 2.5 % of the purchase price (50 % of the total commission) upon closing, leaving the brokerage with a net 2.5 % of the purchase price for its role as a dual agent.
The court of appeals determined there was no dual agency because there was no agreement indicating the real estate representative was an agent for the buyers.
The court held that a broker's actions and words to a prospective purchaser may be sufficient to establish an agency relationship, and that a broker acting as an undisclosed dual agent may be held liable for breach of fiduciary duties and unfair dealing.
The dual agent's duty for sharing confidential price information of each party is limited, but otherwise the duty is not limited.
The question for the court was whether the Brokerage's duties as a dual agent extended to the associate licensees.
Not Telling Clients About Dual Agency Perhaps the most disturbing thing about dual agency is that many times, the clients will not be aware that their agent is working for both the buyer and the selDual Agency Perhaps the most disturbing thing about dual agency is that many times, the clients will not be aware that their agent is working for both the buyer and the seldual agency is that many times, the clients will not be aware that their agent is working for both the buyer and the seller.
An Ohio court has considered whether a dual agent could be liable to buyers for failing to discover and disclose the presence of lead - based paint.
An Ohio court has considered whether a homeowner could be liable for inaccurate statements made by dual agent listing broker about the owner's attempt to remedy dampness in a crawl space.
Alabama's highest court has considered whether a real estate broker serving as disclosed dual agent could be liable to buyers for alleged misstatements made to the buyers about the property's presence in a flood plain even when the buyers were given a survey at closing which showed that the property was in the flood plain.
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