A licensee acting for a seller must make a disclosure of expected remuneration in respect of each «offer to acquire real estate» that is
prepared on behalf of a buyer and presented to the seller by the seller's licensee.
Not exact matches
They concluded that REALTOR ® X's inducement
of Buyer B by emphasizing that the property might sell quickly (which might well have been true), coupled with her offer to
prepare a purchase contract
on Buyer B's
behalf, constituted an initiation
of dealings
on the property by REALTOR ® X, not by
Buyer B.
I explained to my
buyers as we were
preparing the offer, the possibilities, and informed them that we should get that acknowledged, and did they first want to speak to their lawyer; they were afraid to miss out
on the house with such a shortage
of product availability; fortunately I had their lawyer's home phone number, so I placed the call
on their
behalf.
If the
buyer decides they wish to retain a right to assign the contract without the consent
of the seller, and instructs you to strike or alter a Standard Assignment Term in the offer you are
preparing on their
behalf, or to add an additional term that would alter the effect
of a Standard Assignment Term, then you must provide the Notice to Seller Regarding Assignment Terms form to the seller or seller's licensee at the same time the offer is presented.