This office lease form is an agreement between the landlord, owner of the property, and a borker. This agreement describes the nature of the services to be provided and the terms and usage under the agreement.
Delaware Brokerage Agreement for Services to Landlords
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State:
Multi-State
Control #:
US-OL29A082A
Format:
Word;
PDF
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How to fill out Brokerage Agreement For Services To Landlords?
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FAQ
(1) All licensees in a common law agency relationship must disclose, in writing, whom they represent. This disclosure shall be made to all parties to a transaction who the licensee does not represent but with whom the licensee has substantive contact, such as prospective sellers, lessors, buyers and lessees.
When a Delaware licensee meets with a buyer for the first time, what should the licensee do first? Discuss the Consumer Information Statement for buyers and sellers with the buyer.
The Delaware Administrative Code mandates that any person who conducts real estate activities on behalf of another party in Delaware must have a Delaware real estate license.
Which statement best describes a Delaware licensee's ability to practice real estate while entered in a voluntary treatment option? Licensees who enter the voluntary treatment option may continue to practice real estate, but may be subject to limitations.
While it is true that real estate licensees do conduct legal transactions when they transfer property between parties, licensees are not lawyers per se. For this reason, Delaware real estate licensees are strictly prohibited from dispensing legal advice or offering opinions of law to their clients.
Real estate licensees should never get involved in legal or tax areas. Further, a real estate agent's duty to his or her client terminates as a matter of law when the transaction ends.
Brokers and Salespersons as Statutory Agents: Under Delaware law, a real estate broker, associate broker, or salesperson is a statutory agent of yours and may be a dual agent representing both parties unless you elect, in a written agreement, to enter into a common law agency relationship or to decline dual agency.
What is one of the steps you need to take if you choose to affiliate with more than one Delaware broker? Give notice to the Delaware Association of REALTORS®. Give written notice to each broker with whom you're currently affiliated that you plan to affiliate with an additional broker.