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Designated Agency Agreement - South Carolina
Designated Agency Agreement is a legal document that was released by the South Carolina Department of Labor, Licensing and Regulation - a government authority operating within South Carolina.
FAQ
Q: What is a Designated Agency Agreement?
A: A Designated Agency Agreement is a legal document that allows a real estate agent to represent a buyer or seller exclusively in a real estate transaction.
Q: How does a Designated Agency Agreement work?
A: In a Designated Agency Agreement, the agent is appointed to solely represent the interests of either the buyer or the seller, providing undivided loyalty and confidentiality.
Q: Is a Designated Agency Agreement necessary in South Carolina?
A: Yes, in South Carolina, a Designated Agency Agreement is required for a real estate agent to represent a buyer or seller exclusively.
Q: What are the benefits of a Designated Agency Agreement?
A: A Designated Agency Agreement ensures that the agent is solely focused on the best interests of either the buyer or the seller, providing dedicated attention and advocacy.
Q: Can a real estate agent represent both the buyer and the seller in a transaction without a Designated Agency Agreement?
A: No, a real estate agent cannot represent both parties in a transaction without a Designated Agency Agreement in South Carolina.
Form Details:
- Released on February 1, 2021;
- The latest edition currently provided by the South Carolina Department of Labor, Licensing and Regulation;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the South Carolina Department of Labor, Licensing and Regulation.
Download Designated Agency Agreement - South Carolina
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