Agency Disclosure

In compliance with Tennessee Code Annotated, title 62, Chapter 13, Section 7 (62-13-405), ABuyer's Best Choice Realty is hereby notifying you of the agency options available with our realty company, their duties to all parties to a real estate transaction, and their duties to any client they may represent in a real estate transaction.
 

1. To diligently exercise reasonable skill and care in providing services to all parties to the transaction.

2. To disclose to each party to a transaction any adverse facts of which licensee has actual notice or knowledge.

3. To maintain for each party to a transaction the confidentiality of any information obtained by a licensee prior to disclosure to all parties of a written agency or subagency agreement entered into by the licensee to represent either or both parties in a transaction. This duty of confidentiality extends to any information which the party would reasonably expect to be held in confidence, except for information which the party has authorized for disclosure, information required to be disclosed under this act, and information otherwise required to be disclosed pursuant to this chapter. This duty survives both the subsequent establishment of an agency relationship and the closing of the transaction.

4. To provide services to each party to the transaction with honesty and good faith.

5. To provide to each party to the transaction timely and accurate information regarding market conditions that might affect such transaction when such transaction is requested by a party.

6. To timely account for trust fund deposits and all other property received from any party to the transaction.

7. (A) To not engage in self-dealing nor to act on behalf of licensee's immediate family, or on behalf of any other individual, organization or business entity in which the licensee has a personal interest without prior disclosure of such interest and the timely consent of all parties to the transaction; and
   (B) To not recommend to any party to the transaction the use or services of another individual, organization or business entity in which the licensee may receive a referral fee or other compensation for the referral, other than referrals to other licensees to provide real estate services under the Tennessee Real Estate Broker License Act of 1973, without timely disclosure to the party who receives the referral or the fact that a referral fee may be received.
    

1. To obey all lawful instructions of the client when such instructions are within the scope of the agency agreement between licensee and licensee's client.

2. To disclose to the client any adverse facts of which the licensee has actual notice or knowledge, other than confidential information and information which is known to the client.

3. To be loyal to the interests of the client. A licensee must place the interests of the client before all others in negotiation of a transaction and in other activities except where such loyalty duty would violate licensee's duties to a customer, under "Duties to all parties to a real estate transaction" or a licensee's duties to another client in a dual agency.

AGENCY ALTERNATIVES AVAILABLE THROUGH ABuyer's Best Choice Realty

ABuyer's Best Choice Realty and all agents affiliated with ABBC Realty, represent ONLY Buyers, practicing ONLY single agency, never representing Sellers in a real estate transaction .

ACKNOWLEDGEMENT OF RECEIPT OF DISCLOSURE:_________________________________
Date:___________________