A copy of the property condition disclosure statement containing the signatures of both seller and buyer shall be attached to the real estate purchase contract. This guide will help you to understand the changes and the proper way to fill out the forms.Buyer recognizes that, under this Agreement, an agency relationship has been established between the Broker and Buyer for the Term of Agreement. New York Law to terminate the agency of an agent. Whether or not there is due cause for same, the right to terminate the agency is paramount. As such, the agreement should specify that the buyer's agent represents solely you and not the seller in the transaction. The big key here is to not overlap your exclusive agency commitments in the same areas. New York State law requires real estate licensees who are acting as agents of buyers or sellers of property to advise. With an exclusive buyer agency agreement, you pledge to work with only one buyer's agent – the one offering you the buyer agency agreement.
