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![]() Question:An agent has vacant land listed, and a prospective buyer called the agent about the property. The agent sent a vacant land disclosure report to the buyer. The buyer is being represented by a real estate attorney, which was indicated in the offer to purchase. Does the listing agent need to provide a Disclosure to Customers form to the buyer? Answer:It depends on whether the agent will be providing any brokerage services to the buyer. If the agent is going to draft or present written proposals, such as a counter-offer or an amendment to the buyer, the agent should provide a Disclosure to Customers form to the buyer first because drafting or presenting written proposals would be considered negotiations prompting such a disclosure. If the agent will not be negotiating with the buyer at all and everything will be handled by the buyer’s real estate attorney, a Disclosure to Customers form is likely not necessary. If there is any doubt as to whether the agent will be engaging in negotiations, it is probably prudent to provide a Disclosure to Customers for to the buyer just to be safe. The WRA`s Disclosure to Customers form may be found in Transactions (zipForm edition) and the WRA Forms Library. | ||
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