Licensee Disclosure of Personal Interest – Adding to Loop
Licensee Disclosure of Personal Interest – Adding to Loop
REALTORS® must disclose their true position to prospective buyers when listing a property that they have any ownership interest in. In presenting offers for themselves, an immediate family member or any entity in which they have ownership, REALTORS® must also comply with this requirement.
This disclosure must be given in writing before a contract is signed. In addition, assuming the REALTOR® is acting in his or her licensed capacity, the broker or agent may want to provide a No Brokerage Relationship Agency Disclosure to the other party. (REALTORS® Code of Ethics, Article 4, Standard of Practice 4-1).
Adding the Licensee Disclosure of Personal Interest Addendum:
1. Go to your Listing Docs (if list agent) or Initial Docs folder (for purchase)
2. Click “ADD DOCUMENT” - to the right of the folder name
3. Click “TEMPLATES”
4. Scroll to “COMMON ADDENDA” on the left side & on the right side scroll to “Addendum: Licensee Disclosure of Personal Interest” – place a check in the box. Shortcut: type “lic” in the search box (magnifying glass) for quicker results.
5. Click “COPY”
Phone: 727-914-9174
Email: support@daltonwade.com
Hours: Mon.-Fri. – 9am-7pm & Sat. - 12pm-5pm, Closed on Sunday
Related Articles
Non-Occupancy Disclosure - How to Add to Loop
Dalton Wade offers a minimalist Seller Property Disclosure for sellers who do not wish to fill out a standard Seller Property Disclosure or sellers who never resided in the property (Non-Occupancy). Open your loop: Click on “ADD DOCUMENT” to the ...Lead Based Paint Disclosure
For homes built before 1978, a Lead Based Paint Disclosure is required per Federal law. The year built can be found on the Public Record (effective year) or on the MLS Broker Synopsis under “Year Built”. Listing Agent: Please ensure you add this ...Transaction Fee & Adding the Disclosure Form
Agents may charge their client a transaction fee ($79 or $390, depending on plan). This fee must be disclosed properly in one of the following ways: By using the Transaction Fee Disclosure Form On the Listing Agreement On the Purchase Contract Option ...Commission Rebate-Credit-Waiver Disclosure – Adding to Your Loop
The legal info: The Florida Real Estate Commission (FREC) Rule 61J2-10.028(2) provides that a licensee may share brokerage compensation with a party to a transaction with full disclosure given to all interested parties. All interested parties include ...Transferring a Loop Between Two Dotloop Accounts
Sometimes agents end up with two Dotloop accounts—for example, if they created one with a personal email and later set up a new account connected to Dalton Wade. If your old loops are stored in a non-Dalton Wade account, you can transfer them to your ...