CONSUMER NOTICE- NEW JERSEY

New Jersey law requires that real estate licensees inform prospective buyers and sellers about the four types of business relationships prior to the first discussion of financial matters or the motivation for buying or selling. The > Consumer Information Statement (CIS), which must be delivered to the buyer or seller at the time of the first meeting, helps explain these relationships.

 

The four business relationships are:


Buyer's agent
Seller's agent
Disclosed dual agent
Transaction broker


If you have any questions or concerns about new laws related to the purchase or sale of real estate, please do not hesitate to contact us

These statements are provided for informational purposes only.