--- name: real-estate-agency-disclosure title: Real Estate Agency Disclosure description: Drafts state-compliant real estate agency disclosure documents for residential transactions. Triggers at first substantive contact with buyers or sellers, when preparing pre-transaction disclosure forms, or when establishing representation relationships and fiduciary duties among transaction parties. author: CaseMark author_url: https://github.com/CaseMark/skills/tree/main/skills/legal/real-estate-agency-disclosure license: Apache-2.0 version: 0.1.0 execution_mode: open jurisdiction: us practice: real-estate language: en tags: [agreement, drafting, transactional] --- # Real Estate Agency Disclosure Produces a jurisdiction-compliant disclosure establishing representation relationships and fiduciary duties before parties commit to a residential real estate transaction. ## Required Inputs 1. **Jurisdiction** — state where property is located (drives all statutory requirements) 2. **Parties** — legal names of buyer(s), seller(s), licensee(s); brokerage names; license numbers 3. **Transaction** — property address; purchase or listing 4. **Agency model** — buyer's agent, seller's agent, dual agency, designated agency, or transaction brokerage ## Workflow ### 1. Research Jurisdiction Rules - Identify the state statute or regulation mandating the disclosure - Confirm the delivery trigger (typically first substantive contact — verify state-specific timing) - Determine permissible agency models and whether the state requires verbatim statutory language ### 2. Draft Document **Header**: document title (use jurisdiction-mandated title if required), disclosure date, all party names with brokerage and license numbers. **Statutory basis**: cite the specific statute, state the delivery trigger, note any timing variations. **Agency relationship definitions** — include all models permitted in the jurisdiction: | Role | Represents | Core Duties | |---|---|---| | Seller's Agent | Seller exclusively | Loyalty, confidentiality, best price/terms for seller | | Buyer's Agent | Buyer exclusively | Loyalty, confidentiality, best price/terms for buyer | | Dual Agent | Both parties | Neutrality; no advocacy or cross-disclosure of confidential info | | Designated Agent | Respective client (separate agents, same brokerage) | Full fiduciary to each; supervising broker is dual agent | | Transaction Broker | Neither party | Honesty, material fact disclosure, ministerial care | Distinguish **client** (full fiduciary) from **customer** (honest dealing, no advocacy). Core fiduciary duties where full agency applies: loyalty · confidentiality · disclosure · obedience · reasonable care · accounting. ### 3. Address Dual Agency / Alternatives - [ ] State permits dual agency? - [ ] Informed written consent required? - [ ] Transaction broker/facilitator role available? - [ ] Designated agency required in lieu of dual agency? If **prohibited**: state explicitly and identify the required alternative. If **permitted**: include conspicuous warning that the agent cannot fully advocate for either party; consent required beyond this disclosure. ### 4. Acknowledgment Language The disclosure must state: - Receipt does **not** create an agency relationship - Agency requires a **separate written agreement** - Parties may choose any available representation type or proceed unrepresented - Parties may seek independent legal counsel ### 5. Agency Election Include on-form selection if jurisdiction requires: - [ ] Seller's Agency - [ ] Buyer's Agency - [ ] Dual Agency *(where permitted)* - [ ] Designated Agency - [ ] Transaction Brokerage ### 6. Signature Blocks Separate block per buyer, seller, and licensee: printed name, signature, date, license number and brokerage (licensees only). Include caption confirming receipt and understanding. - Check whether jurisdiction requires witness signatures or notarization - If electronic: confirm UETA / E-SIGN compliance [VERIFY] ## Pitfalls - **Verbatim language** — many states require exact statutory text; do not paraphrase without confirming flexibility - **Timing errors** — cite the applicable delivery trigger explicitly; late disclosure can void the relationship - **Dual agency inadequacy** — insufficient disclosure of limitations can void consent and create liability - **No recommendation** — the disclosure informs of options; it must not advise which representation type to select - **NAR vs. statute** — follow NAR guidelines but state statutory requirements control where they diverge - **[VERIFY]** all statutory citations against the current state code and real estate commission regulations before use in an actual transaction