Legal Question in Real Estate Law in New York
If I am the listing agent on a NYS house and have given the seller an Agency Disclosure Form that I am working as a Sellers Agent and then also secure a buyer for that home is it sufficient to give the buyer a NYS Disclosure Form stating that I am representing the seller or, at that point, do I have to become a Dual Agent. In that case I would no longer be representing the seller with total fiduciary duty.
Asked on 9/27/15, 10:24 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
If you chose to represent both you are a dual agent. So advise your clients and your broker.
Answered on 9/27/15, 4:44 pm