Brokerage Disclosure to Landlord {BDL17}

LD17-6-16. BROKERAGE DISCLOSURE TO LANDLORD Page 1 of 2 The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (LD17-6-15) (Mandatory 1-17) DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE SELLER AGENCY, BUYER AGENCY OR TRANSACTION-BROKERAGE. BROKERAGE DISCLOSURE TO LANDLORD DEFINITIONS OF WORKING RELATIONSHIPS For purposes of this document, the owner of the Property or sub-landlord subtenant. LandlordAgent: A agent (or Landlord listing agent) works solely on behalf of the landlord to promote the interests of the landlord with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the landlord. The landlordagent must disclose to potential tenants all adverse material facts actually known by the landlordagent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the landlord or owner. utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the tenant. The tenantagent mu to occupy the property. A separate written tenant agency agreement is required which sets forth the duties and obligations of the broker and the tenant. Transaction-Broker: A transaction-broker assists the tenant or landlord or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a ts financial ability to perform the terms of a transaction. No written agreement is required. Customer: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the -broker. RELATIONSHIP BETWEEN BROKER AND LANDLORD Broker and Landlord referenced below have NOT entered into a Landlord agency (listing agency) agreement. The working relationship specified below is for a specific property or properties described as: Landlord understands that Landlord is not directed, or ratified by Landlord. CHECK ONE BOX ONLY: Multiple-Person Firm. Broker, referenced below, is designated by Brokerage Firm to serve as Broker. If more than one individual is so designated, then references in this document to Broker shall include all persons so designated, including substitute or additional brokers. The brokerage relationship exists only with Broker and does not extend to the employing broker, Brokerage Firm or to any other brokers employed or engaged by Brokerage Firm who are not so designated. One-Person Firm. If Broker is a real estate brokerage firm with only one licensed natural person, then any references to Broker or Brokerage Firm mean both the licensed natural person and brokerage firm who shall serve as Broker. American LegalNet, Inc. www.FormsWorkFlow.com LD17-6-16. BROKERAGE DISCLOSURE TO LANDLORD Page 2 of 2 CHECK ONE BOX ONLY: Customer. Broker is the tenantagent and Landlord is a customer. Broker, as tenantagent, intends to perform the following list of tasks: Show a property Prepare and Convey written offers, counteroffers and agreements to amend or extend the lease. Broker is not the agent of Landlord. Transaction-Brokerage Only. Broker is a transaction-broker assisting in the transaction. Broker is not the agent of Landlord. Landlord Landlordconfidential information to the supervising broker or designee for the purpose of proper supervision, provided such supervising broker or designee shall not further disclose such information without consent of Landlord, or use such information to the detriment of Landlord. THIS IS NOT A CONTRACT. WORKING RELATIONSHIP. LANDLORD ACKNOWLEDGMENT: Landlord acknowledges receipt of this document on . Landlord Landlord BROKER ACKNOWLEDGMENT: On , Broker provided (Landlord ) with this document via . Broker American LegalNet, Inc. www.FormsWorkFlow.com