Non-designated Agency Consumer Disclosure Form - Vermont

Non-designated Agency Consumer Disclosure Form is a legal document that was released by the Vermont Secretary of State - a government authority operating within Vermont.

FAQ

Q: What is a Non-designated Agency Consumer Disclosure Form?
A: A Non-designated Agency Consumer Disclosure Form is a document that notifies consumers in Vermont of their options regarding real estate agency representation.

Q: Who is required to provide a Non-designated Agency Consumer Disclosure Form?
A: Real estate professionals in Vermont are required to provide a Non-designated Agency Consumer Disclosure Form to consumers before discussing specific property information or negotiating terms.

Q: What information does the Non-designated Agency Consumer Disclosure Form provide?
A: The form provides information about real estate agency relationships, including the difference between designated agency and non-designated agency, and the consumer's right to choose which type of representation they prefer.

Q: What is the difference between designated agency and non-designated agency?
A: In designated agency, the agent exclusively represents either the buyer or the seller, while in non-designated agency, the agent does not represent either party exclusively and serves as a neutral intermediary.

Q: What are the consumer's options when it comes to real estate agency representation in Vermont?
A: Consumers in Vermont have the option to choose between designated agency, where the agent exclusively represents either the buyer or the seller, or non-designated agency, where the agent serves as a neutral intermediary.