DISCLOSED LIMITED AGENCY AGREEMENT FOR BUYERS


1 Real Estate Firm: Mt Hood Realty
2 The Parties to this Disclosed Limited Agency Agreement are:
3 Buyers Licensee (print)
4 Buyers Licensee's Principal Broker (print)
5 Buyer (print) Buyer (print)
6 The parties to this Agreement understand that Oregon law allows a single real estate agent to act as a disclosed limited agent to represent both the
7 seller and the buyer in the same real estate transaction, or multiple buyers who want to purchase the same property. It is also understood that
8 when different agents associated with the same principal broker (the broker who directly supervises the other agents) establish agency
9 relationships with the buyer and seller in a real estate transaction, the agents' principal broker shall be the only broker acting as a disclosed limited
10 agent representing both seller and buyer. The other agents shall continue to represent only the party with whom they have an established agency
11 relationship, unless all parties agree otherwise in writing.

12 In consideration of the above understanding, and the mutual promises and benefits exchanged here and, if applicable, in the Buyer Service
13 Agreement, the parties now agree as follows:

14 1. Buyer(s), acknowledge they have received the Oregon Real Estate Agency Disclosure Pamphlet required by ORS 696.820 and have read and
15 discussed with the Buyers Agent that part of the pamphlet entitled "Duties and Responsibilities of an Agent Who Represents More than One Client
16 to a Transaction." The Oregon Real Estate Agency Disclosure Pamphlet is hereby incorporated into this Disclosed Limited Agreement by reference.

17 2. Buyer(s), having discussed with Buyers Agent the duties and responsibilities of an agent who represents more than one party to a transaction,
18 consent and agree as follows:

19 (A) Buyers Agent and the Buyers Agent's Principal Broker, in addition to representing Buyer, may represent the seller or another buyer in
20 any transaction involving the Buyer;

21 (B) In a transaction where the seller is represented by an agent who works in the same real estate business as the Buyers Agent and
22 who is supervised by the Buyers Agent's Principal Broker, the Principal Broker may represent both Seller and Buyer. In such a situation,
23 the Buyers Agent will continue to represent only the Buyer and the other agent will represent only the Seller, consistent with the
24 applicable duties and responsibilities set out in the Oregon Real Estate Agency Disclosure Pamphlet;

25 (C) In all other cases, the Buyers Agent and the Buyers Agent's Principal Broker shall represent Buyer exclusively.



26 Buyer Signature __________________________________________________________ Date , ________________ ____ a.m. ____ p.m. ←

27 Buyer Signature __________________________________________________________ Date , ________________ ____ a.m. ____ p.m. ←

28 Buyers Licensee's Signature ________________________________________________ Date , ________________ ____ a.m. ____ p.m. ←
(On their own and on the Principal Broker's behalf)