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A distribution agreement can provide several benefits, including establishing clear expectations for both parties and protecting intellectual property. It enables manufacturers to expand their reach effectively while allowing distributors to sell products with guaranteed supply. Ultimately, an Arkansas Exclusive Distributorship Agreement enhances business relationships and builds trust.
Arkansas law requires real estate agents to clearly disclose to all parties in a real estate transaction which party(s) he or she is representing. Real Estate Agents typically represent Sellers but can also represent Buyers as well as both Buyers and Sellers.
Which of these is considered dual agency? The answer is a licensee acting for both the buyer and the seller in the same transaction.
Arkansas law requires real estate agents to clearly disclose to all parties in a real estate transaction which party(s) he or she is representing. Real Estate Agents typically represent Sellers but can also represent Buyers as well as both Buyers and Sellers.
An exclusive listing is a type of real estate listing agreement in which a property seller appoints and specifically authorizes one real estate broker to act as the seller's sole agent.
An exclusivity agreement is a legal contract between two parties that restricts one party (the "licensee"), usually an inventor, from selling its product to a certain purchaser (usually the other party) for a designated period of time.
Arkansas does allow disclosed dual agency. In Arkansas, with dual agency, the agent is not allowed to communicate personal information about one party to the other since it could provide an unfair advantage for one client over the other.
Reciprocity: Partial Here are the steps to real estate license reciprocity in Arkansas: If you're a Salesperson applicant currently licensed in another state and seeking licensure in Arkansas at the same level, you may request a waiver of the general portion of the examination.
Also known as lock-out, shut-out or no-shop agreements. Agreements which are used to try to ensure that the other party to a prospective deal negotiates solely with the client for a period of time. They aim to give the client some protection from another party outbidding them.
Although a subagent cannot assist the buyer in any way that would be detrimental to the seller, a buyer customer can expect to be treated honestly by the subagent. A disclosed dual agent represents both the buyer and the seller in the same real estate transaction.