Property State Agency Disclosure
If the property is located in any of the following states, then a Property State Agency Disclosure ("PSAD") is also required. Please click on the state where the property is located and complete that form as well. If the state is not listed, you can skip this step.
Time to Complete: 2 minutes
By law, this form must be presented to the consumer prior to any substantive contact.
Who completes this form? The managing broker* of your real estate firm OR their affiliated licensee must fill out and sign the agency forms.
Who signs this form? Out-of-State Broker signs this form, Consumer must be presented this form (a signature is not typically required, but is encouraged).
Process: 1. Use the Adobe Sign link above to fill out the form and sign. 2. The form gets sent to us automatically for approval. 3. Once we approve the form, you must manually send it to the consumer to request their signature.
Why are these forms required? Agency disclosures are required in almost every state in the country prior to any substantive contact with a consumer. Not providing agency forms to a consumer in a timely manner subjects licensees to regulatory fines up to $5,000 for every instance in which one should have been presented.
*Not the Managing Broker? If you're a licensee under a managing broker, send your managing broker the following info so they can fill out this form:
-Consumer's Name (if an entity, provide the entity name and entity designation (e.g. Inc., LLC, etc.):
-Officer's Name for Client's Entity:
-Officer's Title:
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