Form HM-47 Owner / Agent Agreement - New York

What Is Form HM-47?

This is a legal form that was released by the New York State Homes and Community Renewal - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form HM-47 Owner/Agent Agreement?
A: Form HM-47 Owner/Agent Agreement is a document used in New York for the agreement between the property owner and the agent (property manager) responsible for managing the property.

Q: Why is Form HM-47 Owner/Agent Agreement used?
A: Form HM-47 Owner/Agent Agreement is used to establish the rights, obligations, and responsibilities of the property owner and the agent in managing the property.

Q: Is Form HM-47 Owner/Agent Agreement required in New York?
A: While not required by law, it is recommended to have a written agreement, such as Form HM-47 Owner/Agent Agreement, to ensure clarity and protection for both parties involved.

Q: What information is included in Form HM-47 Owner/Agent Agreement?
A: Form HM-47 Owner/Agent Agreement typically includes details about the property, the term of the agreement, the agent's responsibilities, compensation, termination, and dispute resolution provisions.

Q: Can Form HM-47 Owner/Agent Agreement be customized?
A: Yes, Form HM-47 Owner/Agent Agreement can be customized to fit the specific needs and requirements of the property owner and the agent, as long as it complies with relevant laws and regulations.

Q: Do I need a lawyer to fill out Form HM-47 Owner/Agent Agreement?
A: While it is not required to have a lawyer, it is advisable to consult with a lawyer to ensure that the agreement accurately reflects the intentions of both parties and is legally binding.

Q: What should I do after filling out Form HM-47 Owner/Agent Agreement?
A: After filling out Form HM-47 Owner/Agent Agreement, both the property owner and the agent should review the document, sign it, and keep a copy for their records. It is also recommended to provide a copy to each party involved.