See the CERL decision on the use of federally owned purchase contracts/contracts. The Owner will indicate on the form his preferences regarding the final commission, the extent of the agent`s powers and the period during which the contract remains in force. If the owner and the interested buyer agree, the agent can also offer dual representation. The Louisiana Real Estate Listing Agreement is used by a licensed agent when agreeing to sell a client`s residential or commercial property. The agreement states that the seller has given the agent permission to offer the property for sale on the open market. The document describes a period of time during which the agent must find a buyer to buy the property at the sale price set by the seller. The seller may also set other conditions that must be met by the buyer before accepting an offer to purchase. In addition, the document deals with the commission granted to the broker when selling the property (usually given as a percentage of the total sale price). A real estate contract in Louisiana is a legal document that authorizes the representation of a client by a real estate agent in the sale of his property.
In entering into a listing agreement, the agent is responsible for dealing with all matters related to the marketing, negotiation and sale of the property described on the form. Find a licensee – Use this option to search for a licensed agent operating in Louisiana. Residential Property Disclosure Form (valid from 01-01-20) Residential Purchase or Sale Agreement (valid from 01-01-19) Agency Disclosure Form (§ 3703) – All parties involved in the sale or lease of real estate must sign this document or an Agency Disclosure Brochure. The Agent will retain a copy of the disclosure for five (5) years. _________ To view them, download Adobe Acrobat Reader for free. Louisiana Real Estate Commission Version – Adobe PDF Proposed Supplements – The following suggested forms and usage are not required Dual Agency Disclosure Form (§ 3705 & § 9-3897) – Required if the agent represents both the buyer and the seller. After signing, the disclosure must be retained by the officer for five (5) years. Declaration of Disclosure of Residential Property (§ 9:3198) – Sellers are required to provide this document to potential buyers before accepting an offer to purchase. Completed forms cannot be saved with Adobe Acrobat Reader alone.
To keep a record, print before you exit the form, or use the Save As command to save the form to your document files. Agency Notice of Disclosure (§ 3703) – Licensee is required to provide the buyer and seller of a residential property with the most recent versions of the Agency`s disclosure brochure or Agency disclosure form and to ensure that recipients sign and date the brochure or form. Louisiana Residential Agreement to Buy or Sell – This form, provided by the Louisiana Real Estate Commission, allows LREC licensed individuals to represent a buyer and/or seller in the transaction of a residential property. *Viewing changes to this design version may result in formatting or line number errors. Dual Agency Disclosure Form (§ 3705, § 3897) – A licensee may represent both the buyer and the seller, provided that both parties complete and sign the dual agency disclosure form. This allows the licensee to act on its behalf and share non-confidential information between buyer and seller. Notes: The addition of trademarks or logos to the residential contract for the purchase or sale is permitted; however, this will not otherwise affect this document. New Orleans Metro Association of Realtors (revised 07/2016) – Adobe PDF Lead-Based Paint Disclosure Form – Disclosure of information about lead-based paints or lead-containing paint hazards. New Orleans Metropolitan Association of Realtors Registration Agreement – This form, created by the New Orleans Metropolitan Association of Realtors, authorizes real estate agents to sell residential real estate on behalf of the owner.
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