Which Of The Following Is Not An Example Of A Legal Agency Agreement In Maryland

The obligations imposed by the Code of Ethics apply, whether REALTORS® act as agents or in legally recognized non-agency capacities, except that all obligations imposed exclusively on agents by law or regulation do not act by this REALTORS Code of Ethics ® in non-agency capacities. REALTORS® acting as a buyer or tenant or broker, notifies this relationship to the seller/lesser`s representative or broker at first contact and must provide the seller/broker with written confirmation of this disclosure no later than after the execution of a sales contract or lease agreement. (Modified 1/04) REALTORS® before or after the end of their relationship with their current company, does not encourage customers of their current company to terminate exclusive contractual agreements between the client and that company. This does not prevent REALTORS® (Prinzipale) from entering into exclusive contract assignment agreements with its related licensees. (Adopted 1/98, modified 1/10) When representing a buyer, seller, landlord, tenant or other client as a real estate agent, REALTORS® undertake to protect and promote the interests of their client. This obligation to the client is paramount, but it does not absolve REALTORS® of its obligation to treat all parties honestly. If realTORS serves a buyer, seller, landlord, tenant or other party in a non-agency property, REALTORS® requires all parties to treat them honestly. (Modified 1/01) [Hearing] In the case of electronic assistance or assistance to a customer or customer in establishing a contractual relationship (for example. B, list and representation contracts, sales contracts, leases, etc.), REALTORS® will make reasonable efforts to explain the nature and disclose the specific terms of the contractual relationship agreed by a contractor prior to the agreement. (Adopted 1/07) REALTORS® cannot recommend or offer to a client the use of services from another organization or business entity in which they have a direct interest, without disclosing those interests at the time of the recommendation or proposal. (Modified 5/88) All transactions that are exclusively listed or with buyers/tenants subject to an exclusive agreement are managed with the client`s representative or broker and not with the client, unless the client`s representative or broker or the case where such transactions are initiated by the client.

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