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Upon any sale, transfer, project or different disposition, including, however not restricted to, any such disposition by reason of the enforcement of a mortgage, lien, deed to secure debt or different safety instrument of a landlord’s interest in actual property or upon any sale, project, switch or other disposition of a tenant’s leasehold curiosity, the succeeding get together shall be bound for all obligations below such settlement accruing after the sale, switch, project or different disposition with the same impact as if such succeeding party had expressly assumed the landlord’s or tenant’s obligations referring to the written settlement if: (1) The real estate broker has complied with the provisions of subsections (b) to (d), inclusive, of this section; (2) the succeeding celebration assumes the advantages of the tenancy; and (3) the agreement has not been waived in writing by the real estate broker. Upon such designation, the responsibility to satisfy the respective duties as a seller’s or landlord’s agent or as a buyer’s or tenant’s agent shall be the primary accountability of the person so designated, who shall not be deemed a dual agent, except in the case of a person designated to characterize each a seller and buyer in the identical transaction.

2. Provide enough and truthful documents and details about the actual estate and take accountability for documents and data offered by the enterprise. History: P.A. 77-614 transferred responsibility for publishing bulletin and other data from actual estate commission to division of consumer safety and made publication contingent upon request of the fee, efficient January 1, 1979; P.A. Sec. 20-327a. Periodic publication of data and material. Sec. 20-325i. Designated buyer brokers and seller brokers. Any real estate broker, or a person licensed under this chapter authorized by such broker, may appoint, at the choice of such broker or authorized particular person, a number of designated vendor brokers as extra brokers for a seller or landlord or a chosen buyer agent as an extra agent for a purchaser or tenant. Any real estate broker licensed beneath the provisions of this chapter who engages within the real estate business, công ty xây nhà trọn gói kiên giang as outlined in section 20-311, shall retain the following data for a period of not less than seven years after any real property transaction closes, all funds held in escrow for such transaction are disbursed or the listing settlement or purchaser or tenant representation agreement expires, whichever occurs later: (1) All buy contracts, leases, choices, written affords or counteroffers drafted by such broker or on behalf of such broker; (2) the listing settlement or purchaser or tenant representation settlement, any extensions of or amendments to such agreements and any disclosures or agreements required pursuant to sections 20-325a to 20-325l, inclusive; and (3) all canceled checks, unused checks, checkbooks and financial institution statements for any escrow or trust account maintained pursuant to part 20-324k. Such data may be retained in any format, electronic or in any other case, able to producing an accurate copy in paper format of the unique document.

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Sec. 20-325j. Regulations re appointment of designated buyer or seller agent. On or earlier than October 1, 1999, the Commissioner of Consumer Protection shall adopt rules, in accordance with the provisions of chapter 54, to prescribe (1) a type of written notice to be issued to the buyer upon the appointment of a designated vendor agent or designated purchaser agent, and (2) a type of written consent to be signed by all events. The commission shall submit to the Governor, as provided in part 4-60, a report of its official acts under this chapter. Sec. 20-327. Employees. Section 20-327 is repealed. Sec. 20-326. Report back to Governor. The written residential disclosure report shall be based mostly upon a template that the commissioner shall prescribe. The Commissioner of Consumer Protection shall prescribe the written residential disclosure report required by this section and sections 20-327c to 20-327e, inclusive. Nothing on this part shall be construed to prohibit different types of agency relationships allowed by regulation.

Notwithstanding any provision of this part, nothing in this part shall be construed to create a lien on the true property that is the subject of the lease. Each out-of-state broker or out-of-state salesperson that advertises on the market business actual property pursuant to this part shall embody in any promoting material the name of the licensed broker with whom the out-of-state broker has a written agreement pursuant to subdivision (2) of subsection (b) of this part. Any out-of-state broker or out-of-state salesperson licensed in a state that has no distinction between a real estate broker license and an actual estate salesperson license shall be subject to the requirements of subsection (b) of this part with regard to any business real estate transaction on this state. Such designation could also be made with regard to a selected transaction only. As buying a property might incur monetary difficulties, it is best to know all doable dangers from the chosen property.

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