They would not be specifically required to meet other transition period requirements of these PTEs, such as to make specific written disclosures and
representations of
fiduciary status and of compliance with
fiduciary standards in investor communications, designate a person or persons responsible for addressing material conflicts of interest and monitoring advisers» adherence to the Impartial Conduct Standards, and comply with new recordkeeping
obligations.
Typical claims litigated include disputes relating to price redetermination provisions, oil and gas royalty
obligations,
representations and warranties, purchase price adjustments, take or pay provisions, capital contribution
obligations, oil and gas well drilling
obligations, implied lease covenants, delivery of goods requirements, force majeure provisions, right of first refusal and other preferential rights provisions, trade secret protection, contract termination provisions, indemnity
obligations,
fiduciary obligation, and corporate and partnership governance issues.
Without a
representation agreement though Dave or proven implied agency, dual agency would not apply to you as the brokerage and the REALTOR you would be working with owes you no agency (
fiduciary duty) nor would they have any
obligation to protect or further your interests.