02 - Laserfiche WebLink

DocoSign Envelope ID-568E90EC-07D3-16E0-A9FD F62731A04C69 Al SCR _ DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIP (As required by the Civil Code) When you enter into a discussion with a real estate agent regarding a real estate transaction,you should from the outset understand what type of agency relationship or representation you wish to have with the agent in the transaction. SELLER'S AGENT("Seller"includes both a vendor and a lessor) A Seller's agent under a listing agreement with the Seller acts as the agent for the Seller only.A Seller's agent or a subagent of that agent has the following affirmative obligations: To the Seller A fiduciary duty of utmost care,integrity,honesty and loyalty in dealings with the Seller. To the Buyer and the Seller: (a) Diligent exercise of reasonable skill and care in performance of the agent's duties. (b) A duty of honest and fair dealing and good faith. (c( A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to,or within the diligent attention and observation of,the parties.An agent is not obligated to reveal to either party any confidential information obtained from the other party that does not involve the affirmative duties set forth above. BUYER'S AGENT('Buyer"includes both a purchaser and a lessee) A selling agent can,with a Buyer's consent,agree to act as agent for the Buyer only.In these situations,the agent is not the Seller's agent,even if by agreement the agent may receive compensation for services rendered,either in full or in part from the Seller,An agent acting only for a Buyer has the following affirmative obligations: To the Buyer:A fiduciary duty of utmost care,integrity,honesty and loyalty in dealings with the Buyer. To the Buyer and the Seller: (a) Diligent exercise of reasonable skill and care in performance of the agent's duties. (b) A duty of honest and fair dealing and good faith. (c) A duty to disclose all facts known to the agent materially affecting the value Or desirability of the property that are not known to,or within the diligent attention and observation of,the parties. An agent is not obligated to reveal to either party any confidential information obtained from the other party that does not involve the affirmative duties set forth above. AGENT REPRESENTING BOTH SELLER AND BUYER A real estate agent,either acting directly or through one or more associate licensees,can legally be the agent of both the Seller and the Buyer in a transaction,but only with the knowledge and consent of both the Seller and the Buyer. In a dual agency situation,the agent has the following affirmative obligations to both the Seller and the Buyer: (a) A fiduciary duty of utmost care,integrity,honesty and loyalty In the dealings with either the Seller or the Buyer. (b) Other duties to the Seller and the Buyer as stated above in their respective sections. In representing both Seller and Buyer,the agent may not,without the express permission of the respective party,disclose to the other party that the Seger will accept a price less than the listing price or that the Buyer will pay a price greater than the price offered. The above duties of the agent in a real estate transaction do not relieve a Seller or Buyer from the responsibility to protect his or her own interests.You should carefully read all agreements to assure that they adequately express your understanding of the transaction.A real estate agent is a person qualified to advise about real estate. If legal or tax advice is desired,consult a competent professional. Throughout your real property transaction you may receive more than one disclosure form,depending upon the number of agents assisting in the transaction.The law requires each agent with whom you have more than a casual relationship to present you with this disclosure form.You should read its contents each time it is presented to you,considering the relationship between you and the real estate agent in your specific transaction.This disclosure form Includes the provisions of Sections 2079.13 to 2079.29,Inclusive,of the Civil Code set forth on page 2,Read It carefully.I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE AND THE PORTIONS OF THE CIVIL CODE PRINTED ON THE BACK(OR A SEPARATE PAGE). ,—ooc SIgxod by; A. /{, �( 10/31/2018 1 11:54 Buyer ' Seiler-City of Pica santost(N,Iurn Fialhrr) Lessor Lessee flu? nom1-tt Date: '---eACz9Aenu ry We. Buyer Seller 'Lessor Lessee Date: Agent: Collie-=s Par'_3l: Inrernat,ora_, Inc., "'GsC li__'5 .. BRELic.II: Real Estate Broker(Firm) By: BRE tic.9: 0101_-'cj Date: I (Salesperson or Broker-Associate-Mark Triska,SIDIO 8t: _ BRE I.ic.aat_uiFo7 Dale: (Sale per,un of limiter-associate-l;rthin Newton') NOTE: •When the listing brokerage company also represents Buyer/Lessee:The Listing Agent shall have one Agency Disclosure form signed by Seller/Lessor and a second Agency Disclosure form signed by Buyer/Lessee. •When Seller/Lessor and Buyer/Lessee are represented by different brokerage companies:(i)the Listing Agent shall have one Agency Disclosure form signed by Seller/Lessor and(ill the Buyer's/Lessee's Agent shall have one Agency Disclosure form signed by Buyer/Lessee and either that same or a different Agency Disclosure form presented to Seller/Lessor for signature prior to presentation of the offer.If the same form is used.Seller/Lessor may sign here: Date; Seller/Lessor THIS FORM HAS BEEN PREPARED BY AIR CRE.NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF THIS FORM FOR ANY SPECIFIC I TRANSACTION. PLEASE SEEK LEGAL COUNSEL AS TO THE APPROPRIATENESS OF THIS FORM. A i1.l-•4..it) i'ic.isJnhm tn.t^.t8\;Aka tut7t8 igencc CtF:arr,itrc-:rll_r',1: /411.1., Page 1 of 2 5. INITIALS Last Edited:10/31/2018 10:44 AM INITIALS CI 2017 AIR CRE. All Rights Reserved. AD-2.01,Revised 07-28.2017