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Montana Buyer Agency Agreement

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Updated October 24, 2024

A Montana buyer agency agreement is a document that allows two parties, a real estate agent and a person looking to purchase property, to enter into a temporary working relationship. The agent will search for desirable property and the buyer will compensate them for their services.

Disclosures

Agency Disclosure Form – This disclosure form must be provided to any prospective clients of a real estate agent before any legal contract is signed. It educates prospective clients in the types of agency relationships available to them.[1]

Dual Agency – Dual agency is a type of agency relationship wherein the agent represents both parties, buyer and seller, in a real estate transaction. The Agency Disclosure Form can be used to obtain consent from both parties before an agency agreement is signed.[1]

Sources

  1. § 37-51-314