West Virginia HB5091 mandates written agency agreements for real estate licensees before engaging in brokerage services.
West Virginia HB5091 amends the West Virginia Real Estate License Act to require every licensee to enter into a written agency agreement before providing brokerage services. This agreement must be provided by the licensee's responsible broker and must be signed by the parties involved before any contract for representation or real estate sale is executed. The written agreement must specify whether the licensee represents the seller, buyer, landlord, tenant, or any combination thereof. Additionally, the licensee must deliver a true copy of the contract to each party involved.
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