Document 1 Cover Sheet Lot / Land Listing Address: ____________________________________ ____________________________________ County: ____________________________________ Owner's Name(s): Owner's Mailing Address: ____________________ Daytime Phone: Cell Phone: Email Address: Please call Mr. Lister Realty, Inc. at 410-486-5478 with your MasterCard or Visa information. Your property will be listed within 24 hours of receiving your signed documents and payment. Fax all signed documents to 410-486-0061 or email to: [email protected] I have read, understood and signed all documents: ______________________________ Signature _________________ Date ______________________________ Signature _________________ Date Mr. Lister Realty, Inc. 455 Main Street * Reisterstown, MD 21136 Phone: 410-486-5478 * Fax: 410-486-0061 Document 2 Exclusive Lot-Land Listing Agreement This Agreement made and entered into on ___________________________________________and between _________________________________________________________ (Owner) and Mr. Lister Realty, Inc.® (Broker) for the property (address)_________________________________________________________________________located in _____________________________County, Maryland ("the Property"). Broker will list the Property in the Metropolitan Regional Information System (MRIS), mrlisterrealty.com and other websites, including realtor.com, homesdatabase.com and various other websites hosted by realtor.com. This Agreement shall be effective as of ___________________________ (Today's date) and shall continue to midnight on __________________________ (one year from today) unless sooner terminated as herein provided or the Property is sold, whichever shall occur first. Owner retains the right to cancel this Listing Agreement at anytime upon written notice by Email to Broker at [email protected]. Broker retains the right to cancel this Agreement at anytime for a material breach of any provision of this Agreement by Owner. Within 24 hours of accepting a Contract of Sale, Owner shall provide Broker with Contract of Sale information via email at [email protected]. If any of the following information regarding an accepted contract shall change at any time while the Property is under contract, it will be the Owner's responsibility to update such information on Broker's website. This information includes: Contract date; Settlement date; Selling price; Type of financing (i.e. FHA, Conventional, VA, Cash, or other); any contribution from Seller towards Buyer's closing costs; amount to be financed by buyer; title company name and phone number; Broker/Sales Agent ID number. Undertaking of Broker The list price of the property shall be: __________________________________________________________________________ List Price of the Property in numerals (Example: Two hundred five hundred thousand dollars) ___________________________________________________________________________ Dollars (Example: $200,500) (List Price of the Property in words) Broker shall not be liable to the Owner for any losses incurred in the sale of the Property. Owner authorizes and consents to Broker, real estate licenses affiliated with Broker and real estate licenses acting as the subagent of Broker to provide ministerial acts on behalf of Owner to third persons as permitted by the Maryland Real Estate Brokers Act. Owner is advised that prospective buyers or Cooperating Brokers may inquire of Broker or Broker's agents as to whether existing written offers have been received for the purchase of the Property. The disclosure of the existence of written offers could be either beneficial or detrimental to Owner. On the one hand, such disclosure could result in the interested buyer making the highest and best offer as promptly as possible. On the other hand, such disclosure could result in the interested buyer electing not to make an offer. Owner hereby: (Owner to initial the appropriate line) ________ Authorizes; OR ________ Does Not Authorize Broker or Broker's agents to disclose existing offers on the Property in response to inquiries from buyers or cooperating brokers. Where such inquiries are received, owner acknowledges that Broker or Broker's agent are also required to disclose to such buyer or Cooperating Brokers whether such offers were obtained by the listing licensee, another licensee in the listing firm, or by Cooperating Broker. Such authority does not include the disclosure as to the terms and conditions of such offer(s). Initials ___________ Initials ___________ Page #1 Exclusive Lot-Land Listing Agreement Document 2 Page #2 Mr. Lister Realty, Inc.® Exclusive Lot-Land Listing Agreement This Agreement constitutes an Exclusive Agency Agreement by and between Owner and Broker. As agent of the Owner, Broker shall protect confidential information provided by Owner except as otherwise provided by law. Broker, upon request of Owner, shall consult with the Owner to discuss terms and conditions of any contract offer(s), assist Owner in counteroffers, and discuss terms and conditions contained in any written offer received by Owner from Cooperating Brokers. Broker, shall not show the Property, advertise the Property (except as herein provided) or hold any deposit monies. Broker shall provide additional services to Owner, upon request by Owner, in accordance with Addendum #2 as attached hereto and incorporated by reference herein. Broker, hereby acknowledges the receipt from Owner of the non-refundable sum paid for their listing package represents payment in full for services rendered by Broker in connection with this Agreement except for Owner’s obligation to pay additional compensation to Cooperating Broker as provided in this Agreement. Understanding of Owner Except as otherwise provided in this Agreement; all written offers through a real estate broker or agent participating in the MRIS (“the Cooperating Broker”), whether acting as a buyer’s/tenant’s agent or agent of the Owner, shall be presented to the Owner by the Cooperating Broker who procures the buyer. The cooperating broker will hold all deposit monies if an offer is accepted by Owner. A percentage or dollar amount, paid to the Cooperating Broker, is REQUIRED to list the Property through MRIS. Owner authorizes Broker to cooperate with brokers and agents and authorizes Broker to offer compensation to other brokers and agents in the amount of: _________________________________________________________________________________ (Dollar amount or percentage in words) ___________________ (Dollar amount or percentage in numerals) __________________________________________________________________________________ (Bonus price in words) $_______________________ (Bonus price in numerals) to a Cooperating Broker, (the Broker that brings you a Buyer) whether acting as the agent for the Owner or as the agent for the buyer, in accordance with the terms of this Agreement. This entire amount of the compensation offered through the MRIS by the Broker to Cooperating Broker shall be the sole obligation of the Owner and shall be paid in full to Cooperating Broker by Owner on behalf of Broker at the time of settlement an shall not be deducted from or reduced by any fees previously paid to Broker. If for any reason compensation is not paid or a dispute occurs between Owner and Buyer or Cooperating Broker at settlement or post-settlement, the compensation due will be the sole responsibility of the Owner. Listing Broker shall not be held liable for the payment of compensation to Cooperating Broker and Owner agrees to indemnify and hold Listing Broker harmless for any such payment to Cooperating Broker. Initials ___________ Initials ___________ Owner retains the right to sell the Property without a real estate agent through Owner’s own advertising and efforts. In accordance with federal and Maryland law the Maryland Real Estate Commission requires the following to be included in all advertisements placed by Owner: Broker’s name (Mr. Lister Realty, Inc.®) and telephone number of Broker, 410-486-5478. Owner further understands when listing with a Broker, Owner is no longer a For-Sale-By-Owner. Owner acknowledges that Listing Broker and Listing Broker’s agent may not have viewed the Property and, therefore, Listing Broker shall not be liable for any incorrect information or data as provided by Owner and entered into the MRIS by Listing Broker based upon information as provided by Owners. Listing Broker shall not be held liable for any errors in such information. Owner shall complete the Listing Report, Addendums #2 and #3, and Whom the Agent Represents, and send a copy to Mr. Lister Realty. Initials ___________ Initials ___________ Page #2 Exclusive Lot-Land Listing Agreement Document 2 Page #3 Mr. Lister Realty, Inc.® Exclusive Lot-Land Listing Agreement Owner shall indemnify and hold Listing Broker and Listing Broker’s agents, officers, directors and stockholders, harmless from any and all liability and costs, including reasonable attorney’s fees, in connection with the marketing and sale of the Property under the terms and conditions of this Agreement including, but not limited to, any misrepresentation made by Owners as to the condition of the Property. Owner shall offer Property for sale without regard to race, color, sex, religion, national origin, physical or mental handicap, familial status, marital status or other protected classes under applicable Federal, Maryland and local fair housing laws. Customer Services and Real Estate Packages once entered into are non-refundable. Customer can withdraw their listing at any time by emailing [email protected] for a charge. OWNER IS REQUIRED AND AGREES TO THE FOLLOWING: Broker has relied exclusively upon Owner with respect to description of Property as more particularly set forth in Addendum #1 to this Agreement, which is incorporated by reference herein as through fully set forth herein. Owner agrees to indemnify and hold Listing Broker harmless pursuant to the terms and conditions of this Agreement for any false or incomplete information as provided by Owner on Addendum #1 as attached hereto and as completed by Owner. The Metropolitan Regional Information System (MLS) / Real Estate Commission, impose fines for inaccurate data or Non– Compliance of Rules and Regulations. Owner hereby agrees as follows: 1. To notify “all” prospective Buyers and cooperating agents to present Contracts of Sale directly to Owner. That within 24 hours of accepting a Contract of Sale, Owner shall email Mr. Lister Realty at [email protected] with the 2. following Contract of Sale information: Property Address, Contract Date, Settlement Date, Selling Price, Type of Financing, Amount of Financing, Seller Contribution (if any), and Selling Agent's Name and Company. At any time, if any of the above information changes, please notify Mr. Lister Realty immediately. A copy of the HUD-1 or Settlement Sheet must be faxed to the broker at 410-486-0061 within 24 hours of settlement. A NON3. COMPLIANCE FINE OF $75 WILL BE CHARGED IF HUD-1 OR SETTLEMENT SHEET IS NOT RECEIVED BY BROKER. 4. Within 5 days of settlement, if there is a Mr. Lister For-Sale sign on the property, Owner shall email Mr. Lister Realty at [email protected] to request sign removal. 5. Any changes requested from Owner and made by Broker to the MLS will incur a processing fee. Changes include price, commission, remarks, removal of listing, reactivation, pictures, etc. Owner agrees to submit changes via Broker’s email at [email protected]. For legality concerns changes may not be taken by phone or faxed. Owner agrees that all inquiries regarding the Property will be returned in a timely manner.. Owner’s contact phone numbers must be in 6. working order at all times. Should phone numbers not be in working order or calls are not returned in a timely manner, Broker reserves the right to remove the listing to stay in compliance with MLS Rules and Regulations. If for any reason compensation is not paid or a dispute occurs, between Owner and Buyer or Cooperating Broker at settlement or post7. settlement, the compensation due will be the sole responsibility of the Owner, not Mr. Lister Realty. Owner will be charged by Mr. Lister Realty for any attorney fees and/or compensation due to Cooperating Broker. Owner is responsible for verifying that their Buyer is or is not represented by a Cooperating Broker. 8. When listing a property for sale, all parties on the deed must sign all required documents. These are legal documents and you could be held liable for fraud if you provide incorrect information. Mr. Lister Realty will be held harmless for any property listed fraudulently. 9. Broker agrees to post up to ten photographs on the MLS submitted by Owner and emailed to [email protected]. In subject line of the email, please provide the Property Address and ensure that the photographs are in JPG format. Broker does not have the ability to control the time sequence photographs are uploaded to public websites. Photographs and listing information remain in MLS when a Property is placed under contract but are removed from public websites. 10. Broker may control data entered into the MLS, however Broker does not have control over MLS/MRIS data being uploaded into public websites, nor can Broker make any changes to public websites. Changes can be made only to MLS and are typically uploaded into public sites within 24-48 hours by each individual website company. Please accept the public website service as courtesy advertising. Initials ___________ Initials ___________ Page #3 Exclusive Lot-Land Listing Agreement Document 2 Page #4 Mr. Lister Realty, Inc. ® Exclusive Lot-Land Listing Agreement 11. Owner agrees that Broker’s Wood post / sign are the property of the Broker and will be removed from property after customer notification. Owner may request Wood post /sign to be removed earlier by emailing [email protected]. If Seller fails to notify Mr. Lister Realty to remove sign and we are unable to retrieve sign, Owner will be charged $150 replacement fee. 12. Owner agrees to contact Broker should Owner have any questions with regards to the sale of Property. Owner further authorizes Broker to charge credit card in the event of any non-compliance related issue or if for any reason compensation is not paid or a dispute occurs between Owner and Buyer or Cooperating Broker at settlement or post-settlement. 13. Broker reserves the right to use testimonials submitted by Owner for advertising purposes. Owner acknowledges that the Listing Report, Addendum #2, Addendum #3, and Whom the Agent Represents are attached hereto and by reference are hereby incorporated in and made an express part of this Agreement. Owner _______________________________________________________ Date_____________________ Owner _______________________________________________________ Date_____________________ Broker _______________________________________________________ Date_____________________ Mr. Lister Realty, Inc.® *455 Main Street * Reisterstown, MD 21136 * 410-486-5478 * Toll Free 1-877-711-5478* Fax 410-486-0061 Copyright Mr. Lister Realty, Inc. 1998 All rights reserved. www.mrlisterrealty.com Page #4 Exclusive Lot-Land Listing Agreement Document 3 LOT / LAND Profile Sheet Please complete this form as thoroughly as possible to avoid delays in listing your property. Property Information Lot # Street Name Unit # Subdivision Participants - Owner #1 First Name #1 Office Phone #2 Home Phone Property - Address Street Number Street Type State Property - Community Advertised Subdivision Middle School Access-above grade Access-below grade Access-on grade Alley Approved As is Condition Clause Required Bld-Contract Req Bld-Hold Earn Bld-Write Contract Call LA-cont info Agt/Fin Int Agt/Rel to Own Build to Suit Con Pend Rls Conserv Area Contract Purchaser CPRA Fee Division Potential 0-30 Days CD 120-180 Days 180+ Days 1 mi-Comm Rail 1 mi-Metro Bus Answr Serv Basketball Courts Beach Beauty Salon Bike Trail Boat Slip Bowling Alley Comm Lndry Room Common Grounds City County State Tax ID # #1 Last Name #2 First Name #2 Office Phone #1 Home Phone #2 Last Name Street # Suffix Street Direction Zip Code (5) Street Name Postal City Zip 4 Elementary School High School Roads Black Top Gravel Railroad-Potential City/County No Road Railroad-Siding Concrete Private Road Railroad-Spur Dirt Process for Approval Rd Maint Agree Easemnt/Rt Way Railroad-Mainline State Contract Info Comp on all Homes Finders Fee Other Comp-Base Price Home Warranty Registration Req Comp-Lst Home Only Local Assoc Contr Relo/Bnk Addndm Comp-Settled Price No Ext Warranty Spec Addndm Req Comp-Vary w/ Proj No Hme Sale Cont Spec Contr Req Cont Contract OK None Spec Home Avail Disclosures MD Dept Nat Res Owner RE Licensee Expt-disclos/disclaim Flood-Ins.-Req Mineral Lease Pipeline Geo Haz Zone Mineral Resource Zone Proffers High Intensity Line Mineral Rights Prop Disclaimer Historic Property None Prop Disclosure Land Prsvtn Esmnt Off-Site Req Rm Add w/o Prmt Land Trust Other Sell Entirely Lmt Service Brokerage Other Environ Hazards Subj to Agr Cons Esmnt Possession 61-90 Days CD Delay Settlement Other Pre-Settlement 90-120 Days CD Immediate Coin w/Sell Sett Negotiable Seller Rent Back Transportation 1 mi-subway Other Rsh Hr Comm Svc Comm Chrtr Svc Public Bus Svc HOA/Condo/Coop Community Amenities Concierge Jog/Walk Path Pool Mem Avail Conv Store Marina Club Pool-Indoor Elevator Mooring Area Pool-Outdoor Exercise Room Non-Lake Rec Putting Green Extra Storage Non-Subdivision Racquet Ball Fencing None Rec Center Gated Community Other Retirement Comm. Golf Club Party Room Sauna Horse Trails Pier/Dock Security Mr. Lister Realty. 455 Main Street, Reisterstown, MD 21136 Tar and Chip Unimproved Road US Hwy/Interstate Tax Free Exch Req Subj to Condo/HOA Docs Subj to VA POA Surface Lease Udrgrd Stor Tnk Under Lease Settlement Subj-Exist Lease Subj-Home Choice Spa Tennis Court(s) Tennis-Indoor Tot Lot(s)/Plygrd Water/Lake Priv page 1 of 2 LOT / LAND Profile Sheet Document 3 Perc Test Approved Perc Y N Perc Report Failed Perc Agriculture Commercial Double-Wide Hunting Industrial Mixed Agriculture Auto Dealer/Service Bar Beer/Wine/Liquor Car Wash Commercial Convenience Store Road Frontage Setbacks - Rear Other Double-Wide Drive-Thru Driving Range Dry Cleaner Financial Funeral Home Golf Course Clay Limestone/Shale LLC Loam MG Nul Rocky Sandy Bottom Land Downhill Drainage Comp High Bank Hilly Level Low Bank Marshy City East Garden/Lawn Golf Course Limited Mountain View North Northeast Bottled Gas/Pro Central Coal Electric Geo-thermal Kerosene Applied for Permit Capping Fill Cess Pool Gravity Sept Fld Holding Tank Lateral/Tap Off Main Lateral/Tap On-Site Low Pressure Pipe (LPP) Mound System None Conditioner None Filter Other Holding Tank Public Lateral Not Installed/Must Tap Off Main Listing - Remarks General Property - Location Election District Incorporated City/Town Section Phase Liber Number Directions Potential Use Office Other Recreation Present Use Hunting Industrial Marina Mixed Mobile/Trailer Park Multi Residential Office Setbacks - Front Setbacks - Side Soil Types Soil Study Avail UBC UBW UCS Topography Medium Bank Moderate Slope Ravine Rolling View/Exposure Northwest Other Pastoral View River Heating Fuel Nat Gas Avail Natural Gas None Sewer/Septic Not Applied for Permit Other Pressure Dose Public H/U Avail Public Septic Water Public H/U Avail Shared Spring Spring Tap Free Area ADC Map Cook Coordinate Lot Parcel Number Folio Number Mr. Lister Realty. 455 Main Street, Reisterstown, MD 21136 Unknown Verify Perc Residential Retail/Wholesale Sand/Gravel Warehouse Other Recreation Residential Retail/Wholesale Sand/Gravel/Dirt Senior/Child Care Spa Storage Yard Telecom Site Warehouse UD UGR UMG Unknown UNR USC Rough Grade Sloped Topo Plat Uphill Scenic Vista South Southeast Southwest Street Trees Water View West Oil Other Solar Wood Public Sewer Sept<# of BR Sept=# of BR Sept># of BR Septic Septic Pump Shared Septic Site Evaluation on File W/I 50' W/I 50' Wel Permit Not Applied Well Well-Shared Well Permit on File Well Permit Applied Fo County TBM Map Book Coordinate Block/Square Tax Map Number Location Type page 2 of 2 Document 4 Addendum #3 MLS Rules and Regulations The purpose of this document is to notify clients that Mr. Lister Realty, Inc. is held to MD Real Estate Commission standards. Therefore, all clients of Mr. Lister Realty, Inc. must adhere to the following MLS Rules and Regulations. It is a requirement of the MLS to be provided with accurate information pertaining to every sales transaction. Accordingly, Owner shall be responsible for providing Broker with the information described below. Should this information not be received, Owner agrees to pay and indemnify and hold Broker harmless, for any fines or penalties imposed upon Broker. 1. Owner agrees to inform Broker of the acceptance of a Contract of Sale via mrlisterrealty.com within 24 hours of acceptance. Owner is required to update any information that may change. Owner further agrees to mail a copy of the complete Contract to Mr. Lister Realty, Inc. 2. Owner agrees to fax the two page copy of the Settlement sheet or HUD-1 to Broker in order to close account. 3. Owner agrees to notify all potential Buyers and cooperating agents to present Contracts of Sale directly to the Owner not Mr. Lister Realty, Inc. 4. Owner agrees to notify all potential Buyers and cooperating agents that the MD Residential Disclosure/Disclaimer Statement and Federal Lead Paint forms must be obtained through Owner. 5. Owner agrees once property is listed in the MLS, the Property must be available for showings when cooperating broker requests to show property, or a mutually agreed time is set. Owner further agrees to return calls promptly. 6. Owner agrees that Mr. Lister Realty, Inc. reserves the right to remove property from the MLS and websites should cooperating agents not be able to reach Owner by supplied showing contact phone numbers. 7. Owner understands that the wood post and sign are the property of Mr. Lister Realty, Inc. and may be removed upon Owner receiving a contract on home. 8. Owner agrees that he/she is represented by a Broker (Mr. Lister Realty, Inc.) and may contact Broker for questions regarding the sale of the property. Owner further agrees he/she may contact Broker with questions that may arise in the proper handling of multiple contracts submitted by agents. 9. Mr. Lister Realty, Inc, reserves the right to retain a collection agency for unpaid fines resulting in non-compliance MLS issues, compensation due Broker or cooperating agent. ___________________________________ OWNER’S SIGNATURE ______________ DATE ___________________________________ OWNER’S SIGNATURE ______________ DATE Copyright© Mr. Lister Realty, Inc.® * 1705 Reisterstown Road * Baltimore, Maryland 21208 * www.mrlisterrealty.com Document 5 Addendum #2 Optional Services Your signature confirms that Mr. Lister Realty, Inc.® has made you aware of the additional services we have to offer clients. Rental Lease Preparation $ 125 Virtual 360° Tour Package $ 200 REALTOR.com Showcase Listing with Animated Headlines & Customized Description $ 30 Brochure Box $ 25 Rental Agreement $ 125 Lock Box $ 45 For Sale Sign and Wood Post $ 75 Open House Announcement $ 25 For Sale Sign Panel $ 40 Directional Signs $ 30 Open House Directional Signs $ 30 Power of Attorney $ 225 Contract of Sale Preparation $ 300 Private Contract Consultation with Broker $ 125 Room Measurements $ 15 Calculation of Closing Costs $ 25 HUD-1 Settlement Sheet Review $ 45 Additional Photo of Your Property $ 10 Add/Replace 5 Photos $ 35 Home Warranty - Call American Home Shield 1-888-429-8247, Refer to Account # 1239992 Payable at Settlement I/we, the owner(s), understand Addendum #2 represents additional services, which May or May Not be utilized except as we, owner(s), shall elect. In such case, I/we agree to pay Broker the additional fees as quoted above. _________________________________ Owner's Signature ___________________ Date _________________________________ Owner's Signature ___________________ Date Document 6 STATE OF MARYLAND REAL ESTATE COMMISSION Understanding Whom Real Estate Agents Represent At the Time of the First Scheduled Face to Face Contact with You, the Real Estate Licensee Who is Assisting You is Required by Law to Provide this Notice to You. T his Notice is Not a Contract or Agreement and Creates No Obligation on Your Part. Before you decide to sell or buy or rent a home you need to consider the following information In this form “seller” includes “landlord”; “buyer” includes “tenant”; and “pur chase” or “sale” includes “lease” Agents Who Represent the Seller Seller's Agent: A seller's agent works for the real estate company that lists and marke ts the property for the sellers and exclusively represents the sellers. That means that the Seller’s agent may assist the buyer in purchasing the property, but his or her duty of loyalty is only to the sellers. Cooperating Agent: A cooperating agent works for a real estate company different from the company for which the seller's agent works. The cooperating agent can assist a buyer in purchasing a property, but his or her duty of loyalty is only to the sellers. If you are viewing a property listed by the company with whom the agent accompanying you is affiliated, and you have not signed a “Consent for Dua l Agency” form, that agent is representing the seller Agents Who Represent the Buyer Presumed Buyer’s Agent (no written agreement): When a person goes to a real estate agent for assistance in finding a home to purchase, the agent is presumed to be representing the buyer and can show the buyer properties that are NOT listed by the agent's real estate company. A presumed buyer’s agent may not make or prepare an offer or negotiate a sale for the buyer. The buyer does not have an obligation to pay anything to the presumed agent. If for any reason the buyer does not want the agent to represent him or her as a presumed agent, either initially or at any time, the buyer can decline or terminate a presumed agency relationship simply by saying so. Buyer's Agent (by written agreement): A buyer may enter into a written contract with a real estate agent which provides that the agent will represent the buyer in locating a property to buy. The agent is then known as the buyer’s agent. That agent assists the buyer in evaluating properties and preparing offers, and negotiates in the best interests of the buyer. The agent's fee is paid according to the written agreement between the agent and the buyer. If you as a buyer wish to have an agent represent you, you must enter into a written buyer agency agreement before a contract offer can be prepared. Dual Agents The possibility of dual agency arises when the buyer's agent and the seller’s agent both work for the same real estate company, and the buyer is interested in property listed by that company. The real estate broker or the broker’s designee, is called the "dual agent." Dual agents do not act exclusively in the interests of either the seller or buyer, and therefore cannot give undivided loyalty to either party. There may be a conflict of interest because the interests of the seller and buyer may be different or adverse. If both seller and buyer agree to dual agency by signing a Consent For Dual Agency form, then the "dual agent" (the broker or the broker’s designee)will assign one agent to represent the seller (the seller's "intra-company agent") and another agent to represent the buyer (the buyer’s "intra -company agent"). Intra-company agents may provide the same services to their clients as exclusive seller's or buyer's ag ents, including advising their clients as to price and negotiation strategy, provided the clients have both consented to be represented by dual agency. Document 6 If either party does not agree to dual agency, the real estate company must withdraw the agency agreement for that particular property with either the buyer or seller, or both. If the seller's agreement is terminated, the seller must then either represent him or herself or arrange to be represented by an agent from another real estate company. If the buyer's agreement is terminated, the buyer may choose to enter into a written buyer agency agreement with an agent from a different company. Alternatively, the buyer may choose not to be represented by an agent of his or her own but simply to receive assistance from the seller's agent, from another agent in that company, or from a cooperating agent from another company. No matter what type of agent you choose to work with, you have the following rights and responsibilities in selling or buying property: >Real estate agents are obligated by law to treat all parties to a real estate transaction honestly and fairly. They must exercise reasonable care and diligence and maintain the confidentiality of clients. They must not discriminate in the offering of properties; they must promptly present each written offer or counteroffer to the other party; and they must answer questions truthfully. >Real estate agents must disclose all material facts that they know or should know relating to a property. An agent's duty to maintain confidentiality does not apply to the disclosure of material facts about a property. >All agreements with real estate brokers and agents should be in writing and should explain the duties and obligations of both the broker and the agent. The agreement should explain how the broker and agent will be paid and any fee-sharing agreements with other brokers and agents. >You have the responsibility to protect your own interests. You should carefully read all agreements to make sure they accurately reflect your understanding. A real estate agent is qualified to advise you on real estate matters only. If you need legal or tax advice, it is your responsibility to consult a licensed attorney or accountant. Any complaints about a real estate agent may be filed with the Real Estate Commission at 500 North Calvert Street, Baltimore, MD 21202. (410) 230-6206. We, the □ Sellers/Landlord □ Buyers/Tenants acknowledge receipt of a copy of this disclosure and that ____Mr. Lister Realty________________(firm name) and _____Maynard Gottlieb___________________(salesperson) are working as: (You may check more than one box but not more than two) X seller/landlord's agent □ co-operating agent (representing seller/landlord) □ buyer's /tenant’s agent □ intra-company agent/dual agent ( CHECK BOX ONLY IF CONSENT FOR DUAL AGENCY FORM HAS BEEN SIGNED ) _________________________________________ _____________________________________ Signature Signature (Date) (Date) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * I certify that on this date I made the required agency disclosure to the individuals identified below and they were unable or unwilling to acknowledge receipt of a copy of this disclosure statement __________________________________________ Name of Individual to whom disclosure mad e ________________________________________ _________________________________________________ Name of Individual to whom disclosure made ______________________ Agent’s Signature (Date) p.2 of 2 Rev 1/2011
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