Disclosure of Agency Relationship

  • All licensees shall promptly disclose their agency relations to all actual and prospective buyers and sellers, lessors and lessees, optionors and optionees in these ways:

    1. As soon as the licensee has substantive discussions about specific property(ies) with a principal or prospective principical, the licensee shall disclose to that principal or prospective principal the person(s) whom the licensee represents in a principal-agency relations; and
    2. Further, this disclosure shall be made in writing at the earliest practical time, but in any case not later than the time when specific real esate assistance is first provided. This written disclosure shall be acknowledged by the principals.
  • DISCLOSURE OF AGENCY RELATIONSHIP

    In compliance with Regulation 6.3 of the Virginia Real Estate Board, you are hereby advised that Seminole Trail Management, LLC is employed by Driftwood Apartments, LLC as MANAGING AGENT for Driftwood Apartments (140 units) with Leasing Office located at 1600 Diamond Springs Rd. Virginia Beach, VA 23455.

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