- Prospective Parties Disclosure Form
Licensee Disclosure Forms to Unrepresented Party
There are two different forms that licensees must provide to an unrepresented party, in different situations:
- Client Disclosure to Unrepresented Parties Form
Not later than the first personal meeting, a licensee must disclose to a prospective party that they are unrepresented, and the types of agency relationships that are available.
Statute: Sec. 20-325d. (b) Not later than the first personal meeting, a real estate licensee shall: (1) Disclose in writing to a prospective party (A) the types of agency relationships available to the prospective party, and (B) that the prospective party should not share confidential information with the real estate licensee until such prospective party has entered into a written representation agreement with such real estate licensee; and (2) for residential real estate transactions, provide to a prospective party information on fair housing discrimination, including a description of federal and state fair housing laws, protected classes, where to obtain additional information and available resources. The disclosures required pursuant to this subsection may be delivered electronically to the prospective party.
Definition of “Prospective Party”: any person that communicates with a real estate licensee in contemplation of potential representation by the real estate licensee in a real estate transaction
- Dual Agency Form Template - 2024
- Combined Dual Agency and Designated Agency Form Template - 2024
Upon request of an unrepresented party, a licensee must use this form to disclose who they are representing.
Statute: Sec. 20-325d. (a) A real estate licensee who represents a seller, lessor, prospective purchaser or lessee in a real estate transaction shall, upon request, disclose in writing the identity of the real estate licensee's client to any party to the transaction who is not represented by another real estate licensee.