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New Jersey law requires real estate licensees to inform prospective buyers and sellers about four types of business relationships before discussing financial matters or motivations for buying or selling. The Consumer Information Statement (CIS) must be provided at the first meeting to explain these relationships:
- Buyer’s Agent
- Seller’s Agent
- Disclosed Dual Agent
- Designated Agent
- Transaction Broker
Below is the CIS Statement approved by the New Jersey Real Estate Commission on August 1, 2024.
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