Homes
in Montgomery and Bucks county. Coldwell Banker Preferred Realtor, Mary
Ann Graboyes specializing in new construction, investment property, relocation
and resale. Mary Ann Graboyes can help you find your home. All aspects
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 COLDWELL
BANKER PREFERRED
Mary
Ann Graboyes
Direct: 215-416-5969 Office:
(215) 641-2727
714-716 DeKalb Pike Blue Bell, PA 19422
Your
Real Estate Specialist for Montgomery & Bucks Counties
Email
- MGraboyes@CBPref.com
My
Knowledge & Commitment = Your Success
|
25 years
experience as one of the area's top agents |
CONSUMER NOTICE
THIS IS NOT A CONTRACT
Consumer Notice
This Is Not a Contract
Pennsylvania Law requires real estate brokers and salespersons (licensees) to advise consumers of the business relationships permitted by the Real Estate Licensing and Registration Act. This notice must be provided to the consumer at the initial interview.
Before you disclose any information to a licensee, be advised that unless you select a business relationship by signing a written agreement, the licensee is NOT REPRESENTING YOU. A business relationship of any kind will NOT be presumed.
Any licensee who provides you with real estate services owes you the following duties:
Exercise reasonable professional skill and care which meets the practice standards required by the Act.
- Deal honestly and in good faith.
- Present, in a timely manner, all offers, counteroffers, notices, and communications to and from the parties in writing. This duty may be waived by the seller where the seller's property is under contract and the waiver is in writing.
- Comply with Real Estate Seller Disclosure Law.
- Account for escrow and deposit funds.
- Disclose, as soon as practicable, all conflicts of interest and financial interests.
- Provide assistance with document preparation and advise the consumer regarding compliance with laws pertaining to real estate transactions.
- Advise the consumer to seek expert advice on matters about the transactions that are beyond the licensee's expertise.
- Keep the consumer informed about the transaction and the tasks to be completed.
- Disclosure financial interest in a service, such as financial, title transfer and preparation services, insurance, construction, repair or inspection, at the time service is recommended or the first time the licensee learns that the service will be used.
A licensee may have the following business relationships with the consumer:
Seller Agency:
Seller agency is a relationship where the licensee, upon entering into a written agreement, works only for a seller/landlord. Seller's agents owe the additional duties of:
- Loyalty to the seller/landlord by acting in the seller's/landlord's best interest.
- Confidentiality, except that a licensee has a duty to reveal known material defects about the property.
- Making a continuous and good faith effort to find a buyer for the property, except while the property is subject to an existing agreement.
Disclosure to other parties in the transaction that the licensee has been engaged as a seller's agent.
If you enter into a written agreement, the licensees in the real estate company owe you the additional duties identified above under seller agency. The exception is designated agency. See the designated agency section in this notice for more information.
Buyer Agency:
Buyer agency is a relationship where the licensee, upon entering into a written agreement, works only for the buyer/tenant. Buyer's agent owe the additional duties of:
- Loyalty to the buyer/tenant by acting in the buyer's/tenant's best interest.
- Confidentiality, except that a licensee is required to disclose known material defects about the property.
- Making a continuous and good faith effort to find a property for the buyer/tenant, except while the buyer/tenant is subject to an existing contract.
- Disclosure to other parties in the transaction that the licensee has been engaged as a buyer's agent.
If you enter into a written agreement, the licensees in the real estate company owe you the additional duties identified above under buyer agency. The exception is designated agency. See the designated agency section in this notice for more information.
Dual Agency:
Dual agency is a relationship where the licensee acts as the agent for both the seller/landlord and the buyer/tenant in the same transaction with the written consent of all parties. Dual agents owe the additional duties of:
- Taking no action that is adverse or detrimental to either party's interest in the transaction.
- Making a continuous and good faith effort to find a buyer for the property and a property for the buyer, unless either are subject to an existing contract.
- Confidentiality, except that a licensee is required to disclose known material defects about the property.
Designated Agency:
In designated agency, the employing broker may, with your consent, designate one or more licensees from the real estate company to represent you. Other licensees in the company may represent another party and shall not be provided with any confidential information. The designated agent(s) shall have the duties as listed above under seller agency and buyer agency. In designated agency, the employing broker will be a dual agent and have the additional duties of: Taking reasonable care to protect any confidential information disclosed to the licensee. Taking responsibility to direct and supervise the business activities of the licensees who represent the seller and buyer while taking no action that is adverse or detrimental to either party's interest in the transaction.
Transaction Licensee:
A transaction licensee is a broker or salesperson who provides communication or document preparation services or performs other acts for which a license is required WITHOUT being the agent or advocate for either the seller/landlord or the buyer/tenant. Upon signing a written agreement or disclosure statement, a transaction licensee has the additional duty of limited confidentiality in that the following information may not be disclosed:
- The seller/landlord will accept a price less than the asking/list price.
- The buyer/tenant will pay a price greater that the price submitted in a written offer.
- The seller/landlord or buyer/tenant will agree to financing terms other than those offered.
Like licensees in agency relationships, transaction licensees must disclose known material defects about the property.
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Copyright 2005- 2010 Mary Ann Graboyes
Information Deemed Reliable But Not Guaranteed
Copyright 2005 TReND, All Rights Reserved
The date relating to real estate for sale on the website appears
in part through the TReND Broker Reciprocity program, a voluntary cooperative
exchange of property listing data between licensed real estate brokerage
firms in which Prudential Fox & Roach participates, and is provided by
TReND through a licensing agreement
The information provided by this website is for the personal.
non-commerical use of consumers nad may not be used for any purpose other
than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no
longer be available because they are under contract, have sold or are no
longer being offered for sale.