PA Consumer Notice
I will email a copy of the PA Consumer Notice to you before our first appointment. Alternatively, you can download it here.
Pennsylvania real estate law requires real estate brokers and salespersons (licensees) to advise consumers seeking to sell or purchase residential or commercial real estate of their rights and explain agency and agent responsibilities. Additionally, this law applies to tenants seeking to lease residential or commercial real estate where the licensee is working on behalf of the tenant. Also, licensees must advise consumers of the business relationships permitted by the Real Estate Licensing and Registration Act.
In plainer, more simple terms, the agency disclosure explains who the agent represents. A seller agent represents the best interest of the seller. A buyer agent represents the best interest of the buyer. A dual agent works for both parties (with written consent of each party). A dual agent may not work in a way that is detrimental to either the buyer or seller. Regardless of the type of agency, all agents must disclose known material defects at affect the property.
This notice must be provided to the consumer at the first contact where a substantive discussion about real estate occurs, unless an oral disclosure has been previously provided. If the oral disclosure was provided, this written notice must be provided at the first meeting or the first time a property is shown to the consumer by the broker or salesperson.
Full Written PA Consumer Notice
To download or view the full disclosure as a PDF, click below.
