BUYER AGENCY AGREEMENT IF BUYER CHOOSES TO BE REPRESENTED AS

BUYER AGENCY AGREEMENT IF BUYER CHOOSES TO BE REPRESENTED AS A CLIENT, THE FOLLOWING SHALL APPLY: 1. 2. PROPERTY DESIRED: General description of possible suitable properties include:_____________________________ ____________________________________________________________________________________________________. TIME OF COMMENCEMENT & DURATION OF AGENCY: Broker’s authority as Buyer’s exclusive agent shall begin ______________________, _____and shall continue until __________________, _____, or until completion of the purpose(s) of agency as set forth in this agreement. CONDITION OF PROPERTY AND NECESSITY OF INSPECTION: Client acknowledges and agrees that: a. In locating properties for Client, Abana Realty may rely on statements or representations of others, and that any given property may not satisfy all the requirements expressed by Client, and that Abana Realty makes no representations whatsoever regarding the condition of the property or its suitability for Client’s intended purposes, and b. Abana Realty and its associates lack the expertise to determine the condition of the property and, therefore, Client will not rely on any statements or omissions made by Abana Realty or its agents regarding the condition of the property, and c. Client, and not Abana Realty, has the responsibility to determine or verify, either personally, or through, or with a licensed contractor or other representative of Client’s choosing, any and all conditions of the property material to Client’s decision to buy the property, and d. Client is aware that professional inspection services and/or contractors may be engaged for this purpose and that Abana Realty and its agents strongly recommend the use of such professionals. LIMITED CONSENSUAL DUAL AGENCY - Abana Realty LISTED PROPERTY: Client acknowledges that Abana Realty is the agent of the Owner of any property listed with Abana Realty, and that unless the Owner of such Abana Realtylisted property consents to same, Abana Realty may not also act as Buyer’s agent with respect to such Abana Realty-list property. With respect to such property, Client and Abana Realty agree as follows: a. Client does does not desire to be shown Abana Realty-listed properties that otherwise meet the Client’s requirements as set forth in this Buyer Agency Agreement. b. If Client desires to see Abana Realty-listed properties, then Client agrees to limited consensual dual agency, and understands and agrees that: і. A limited consensual dual agent is a licensee for both the Seller(s) and the Buyer(s) in the same transaction. This may only be done with the written, informed consent al all the parties. When Seller(s) and Buyers(s) are both clients of Abana Realty, certain differences or conflicts of interest may arise. In these situations, Buyer(s) agrees that Abana Realty shall represent the Seller(s) and Buyer(s) in a limited consensual dual agency capacity. In a limited consensual dual agency situation, Abana Realty‘s duties to its clients remain the same, with the exception that Abana Realty and its agents shall not disclose confidential information received from one party to any other party unless authorized in writing. іі. Client further understands and agrees that Abana Realty may be showing other prospective buyers the same homes for sale, and that other buyers may be competing for the same House. BROKER COMPENSATION: Client agrees to pay Abana Realty an a *Administrative Documentation Fee of $149 and upon closing as compensation for locating property acceptable to Client and/or negotiating purchase, exchange, or option of said property, a fee no less than that being offered a cooperating selling broker under the existing listing agreement. In the case of an unlisted property, the fee paid by the Client shall be the commission normally charged by Abana Realty or ___% of sales price for this particular type property. The Client agrees that in the event the Owner is offering a fee under an existing listing agreement and Broker is entitled to, and receives, a fee, that fee shall be credited against the obligation of the Client under this agreement. If Client acquires property shown by Client’s agent during the period of this agreement or within 180 days after cancellation or expiration of this agreement, the Client shall be obligated to pay Abana Realty the fee described herein. If Client is contacted directly by a Seller or other real estate agent, Client will refer them to Licensee or Broker. NONDISCRIMINATION: It is illegal to discriminate in the sale or lease of real estate because of, race, color, religion, handicap, familial status, sex, or national origin. *The documentation fee is a fee charged by Abana Realty for services provided after the closing which includes but is not limited to copying, mailing, scanning, emailing and storage of documents associated with any Abana Realty transaction for a period of 10 years (7 years more than is required by law). Furthermore, the documentation fee is not included in Abana Realty's brokerage commission and is a separate fee for additional services. THIS AGREEMENT IS INTENDED TO BE THE LEGAL AND BINDING CONTRACT OF ALL PARTIES, AND MAY AFFECT YOUR LEGAL RIGHTS. IF NOT UNDERSTOOD, SEEK COMPETENT LEGAL ADVICE. SIGNATURES ON THIS AGREEMENT MAY BE OBTAINED ON FACSIMILE COPIES FOR THE PURPOSE OF CONTRACTUAL AGREEMENT THEREFORE SUCH FACSIMILE SIGNATURES SHALL BE DEEMED LEGAL AND BINDING. 3. 4. 5. 6. __________________________________________________ ABANA REALTY, INC. Buyer Buyer Date By: __________________________________________________ Date Agent Cb rev.8/27/2007