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Frequently Asked Questions
Agency


If Dual Agency DOES NOT apply in a transaction, do the buyers and seller still need to sign the bottom of the dual agency box of the Purchase Agreement?
No. The language is required by statute to be in a Purchase Agreement if circumstances create a dual agency situation. Therefore, the parties should sign this section only if dual agency applies in the transaction.

 


5750 Lincoln Drive | Edina, MN 55436 | phone: 952.935.8313 | toll free: 800.862.6097
fax: 952.935.3815 | email: info@mnrealtor.com

Last updated 10/1/06

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