The law requires that "Agency Law Disclosure" be provided for any sale of real estate or any lease that lasts longer than one year.
These are questions that the above text answers:
1. What type of transactions require Agency Law Disclosure in real estate?
2. How long does a lease need to last in order for Agency Law Disclosure to be required?
3. What is the purpose of the Agency Law Disclosure in real estate transactions?
4. Are there any exceptions to the requirement of providing Agency Law Disclosure?
5. What is the consequence of not providing Agency Law Disclosure in a real estate transaction?
6. Where can one find the specific requirements for Agency Law Disclosure in real estate?
7. Is Agency Law Disclosure required for both buying and selling real estate?
8. Are there any specific forms or documents that need to be used for Agency Law Disclosure?
9. Does the law require Agency Law Disclosure for short-term leases?
10. Are there any penalties for failing to comply with the Agency Law Disclosure requirements?