Notice to Proposed Purchasers of Real Estate

Agency

In compliance with Real Estate Board regulations, parties to transactions involving real estate should understand the unique and valuable role that real estate brokers and their agents play in marketing real estate. That role has been defined over the years by both law and custom. The following is intended to give you a brief explanation of that role:

1. Brokers and their agents may be employed to represent any party to a real estate transaction.
2. Customarily, unless a purchaser has an agreement with a broker that the broker and the broker's agent will represent the buyer's interests, the broker and broker's agents will represent the listing broker and the seller.
3. The person, the broker and the broker's agent represent is usually referred to as the "client", and the other party is usually referred to as the "customer".
4. The broker and the broker's agents owe the client duties of disclosure, loyalty and faithfulness. At the same time, brokers and their agents are required to treat all parties to a transaction fairly.
5. If a broker represents the seller, the broker and the broker's agents may still provide buyers, as customers, with information about properties and available financing, may show them properties, and may assist them in preparing an offer to purchase a particular property.
6. Brokers and their agents have a duty to respond accurately to customer's questions, to disclose to customers material information about a particular property of which they have knowledge, and to submit all written offers to purchase, sell, option or lease a property promptly to both customers and clients without discrimination.

Disclaimer

The material included on our web site is based on information available at the time of publication. Neither Innvest Hotel Brokers nor the owners are making representations or warranties concerning its accuracy, and all purchasers should rely on their own projections as to possible financial goals. The financial statements provided are subject to errors, omissions and changes, which are or may be unknown to Innvest Hotel Brokers. Innvest Hotel Brokers makes no representations as to the condition of the property, and purchasers should conduct such inspections and evaluations as the purchaser deems appropriate. All information is provided subject to prior sale or withdrawal without notice.

This notice is for your information and, if you have any questions after reading the material, please ask the broker or seek appropriate counsel.