Common use of MULTIPLE REPRESENTATION Clause in Contracts

MULTIPLE REPRESENTATION. The Buyer hereby acknowledges that the Brokerage may be entering into listing agreements with sellers of properties the Buyer may be interested in buying. In the event that the Brokerage has entered into or enters into a listing agreement with the seller of a property the Buyer may be interested in buying, the Brokerage will obtain the Buyer’s written consent to represent both the Buyer and the seller for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase being submitted or presented. Where a Brokerage represents both the Seller and the Buyer (multiple representation), the Brokerage shall not be entitled or authorized to be agent for either the Buyer or the Seller for the purpose of giving and receiving notices.