DUAL REPRESENTATION Clause Samples
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DUAL REPRESENTATION. By checking "yes" and writing its initials below, Seller acknowledges and agrees that the Designated 57 Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may be) in 58 connection with any Transfer of Property. Seller acknowledges and agrees that ▇▇▇▇▇▇ has read the following prior to executing this 59 Agreement: 60 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 61 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 62 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 63 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract Seller Initials: Seller Initials: _ Broker Initials: Broker Initials: 64 price, results from each party negotiating on its own behalf and in its own best interest. Seller acknowledges and agrees that (a) 65 ▇▇▇▇▇▇ has explained the implications of dual representation, including the risks involved, and (b) Seller has been advised to seek 66 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 67 Agreement. 68 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:
69 1. Treat all clients honestly.
DUAL REPRESENTATION. By checking "yes" and writing its initials below, Buyer acknowledges and agrees that Buyer’s 80 Designated Agent ("Licensee") may undertake a dual representation (represent both seller and buyer or landlord and tenant, as the case may 81 be) in connection with any acquisition of Property. Buyer acknowledges and agrees that Buyer has read the following prior to executing this 82 Agreement: 83 Representing more than one party to a transaction presents a conflict of interest since both parties may rely upon the Licensee's 84 advice and the parties' respective interests may be adverse to each other. The Licensee will undertake the representation of more 85 than one party to a transaction only with the written consent of ALL parties to the transaction. Any parties who consent to dual 86 representation expressly agree that any agreement between the parties as to any terms of the contract, including the final contract 87 price, results from each party negotiating on its own behalf and in its own best interest. Buyer acknowledges and agrees that (a) 88 Broker has explained the implications of dual representation, including the risks involved, and (b) Buyer has been advised to seek 89 independent counsel from its advisors and/or attorneys prior to executing this Agreement or any documents in connection with this 90 Agreement. 91 WHAT A LICENSEE CAN DO FOR CLIENTS WHEN UNDERTAKING DUAL REPRESENTATION:
92 1. Treat all clients honestly. 2. Provide information about the property to the purchaser or tenant. 3. Disclose all latent material 93 defects in the property that are known to the Licensee. 4. Disclose the financial qualification of Buyer to the seller or landlord. 5. 94 Explain real estate terms. 6. Help the Buyer arrange for property inspections. 7. Explain closing costs and procedures. 8. Help the
DUAL REPRESENTATION. Owner acknowledges that Leasing Agent is a national brokerage firm and that in some cases it may represent prospective purchasers and tenants. Owner desires that the Property be presented to such persons or entities and consents to the dual representation created thereby. Leasing Agent shall not disclose the confidential information of one principal to the other.
DUAL REPRESENTATION. ▇▇▇▇▇ and QSGI has authorized Fildew ▇▇▇▇▇ to prepare this Share Exchange Agreement and take action to effectuate the transactions contemplated by this Agreement. ▇▇▇▇▇ and QSGI have expressively waived any conflict that Fildew ▇▇▇▇▇ may have in preparing the agreement and effectuating the Closing.
DUAL REPRESENTATION. Under no circumstances may an University employee represent both the University and the Foundation in any negotiation, sign for both entities in transactions, or direct any other University employee under their immediate supervision to sign for the related Party in a transaction between the University and the Foundation. This shall not prohibit University employees from drafting transactional documents that are subsequently provided to the Foundation for its independent review, approval and use.
DUAL REPRESENTATION. By execution of this Agreement, Client represents and warrants that they have not previously retained other counsel to represent them in this matter. If it is later determined that Client had retained counsel to represent them in this matter prior to execution of this Agreement, Client agrees that the Firm shall still be entitled to its full fee percentage and recovery of its fees and agrees to pay the Firm from their recovery in this matter or out of pocket if necessary. Client agrees to inform the Firm in writing if they retain subsequent counsel to assist and/or represent them in this matter and to provide contact information (firm name, lead attorney, phone number) of new counsel to the Firm. If Client does not so inform the Firm within 30 days of retaining subsequent counsel, Client agrees that the Firm shall still be entitled to its full fee percentage and recovery of its fees and agrees to pay the Firm from their recovery or out of pocket.
DUAL REPRESENTATION. Lessor and Lessee acknowledge that Cornish & ▇▇▇▇▇ Commercial represents both Lessor and Lessee, and Lessor and Lessee consent thereto.
DUAL REPRESENTATION. If the Agent represents both the buyer and seller of a real estate transaction where only one of the parties represented was pursuant to a Referral, in place of the Referral Fee, the Agent shall pay to PGR an amount that is equal to 33% of 1/2 of the Agent’s total Gross Commission within the Payment Period.
DUAL REPRESENTATION. Landlord and Tenant hereby acknowledge that Jeff ▇▇▇▇▇ ▇▇▇ Mike ▇▇▇▇▇▇▇ ▇▇ Grub▇ & ▇lli▇ ▇▇▇pany represents Reseda Investors and Chri▇ ▇▇▇▇ ▇▇ Grub▇ & Elli▇ ▇▇▇pany represents Vall▇ ▇▇ Oro Bank, and Landlord and Tenant consent thereto.
DUAL REPRESENTATION. Subject to the applicable professional conflict of interest rules, the Company and one or more indemnified entity or person may be jointly represented by a single counsel.