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A dealer who consents to attend closing for any other broker shares joint accountability with the unique designated broker.
Employing brokers are always accountable for dealer buddies in the firm, so all three brokers will be accountable for the closing documents.
What is the record that defines the relationship between the broker and the seller?
A checklist settlement is a contract between a property proprietor and a real estate broker that authorizes the broker to characterize the vendor and locate a customer for the property. The three sorts of actual estate record agreements are open listing, exclusive organization listing, and exclusive right-to-sell listing.
An agent is a licensee who represents one or greater parties to the transaction, binding the complete association to the representation. Because the broker is the agent, the dealer represents the client.
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