Real Estate Disclosure

We Work For The Seller Of The Home

DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIPS - Help U Rent, LLC - Before you disclose confidential information to a real estate licensee regarding a real estate transaction, you should understand what type of agency relationship you have with the licensee. Michigan law requires real estate licensees who are acting as agents of sellers or buyers of real property to advise the potential buyers or sellers with whom they work of the nature of their agency relationship. DEFINITIONS BUYER- means a purchaser, tenant, or lessee of any legal or equitable interest in real estate. SELLER- means the equitable or legal owner of real estate, including a landlord. Seller's Agents A seller's agent, under a listing agreement with the seller, acts solely on behalf of the seller. A seller can authorize a seller's agent to work with subagents, a buyer's agents and/or transaction coordinators. A subagent is one who has agreed to work with the listing agent, and who, like the listing agent, acts solely on behalf of the seller. Seller's agents and subagents will disclose to the seller known information about the buyer which may be used to the benefit of the seller. Buyer's Agents A buyer's agent, under a buyer's agency agreement with the buyer, acts solely on behalf of the buyer. Buyer's agents and subagents will disclose to the buyer known information about the seller which may be used to benefit the buyer. Dual Agents A real estate licensee can be the agent of both the seller and buyer in a transaction, but only with the knowledge and informed consent, in writing, of both the seller and the buyer. In such a dual agency situation, the licensee will not be able to disclose all known information to either the seller or the buyer. The obligations of a dual agent are subject to any specific provisions set forth in any agreement between the dual agent, the seller, and the buyer.

HELP U RENT Licensee Disclosure - We hereby disclose that the agency status that we have is that of a SELLER`S Agent. MEANING WE WORK DIRECTLY FOR THE SELLER OF THE PROPERTY. The SELLER`S Agent relationship remains in effect throughout tenancy of a leased or bought property. Further, this information was provided to YOU before disclosure of any confidential information. Affiliated Licensee Disclosure- All affiliated licensees of HELP U RENT, LLC have the same agency relationship. Further, this form was provided to the BUYER before disclosure of any confidential information.