For purposes of this document, landlord includes sub landlord and tenant includes
subtenant. TJC Management & TJC Real Estate is a multiple person firm. Landlord’s
Agent: A landlord’s 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 landlord’s
agent must disclose to potential tenants all adverse material facts actually known
by the landlord’s agent about the property. A separate written listing agreement
is required which sets forth the duties and obligations of the broker and the landlord.
Tenant's Agent: A tenant’s agent works solely on behalf of the tenant to promote
the interests of the tenant with the utmost good faith, loyalty and fidelity. The
agent negotiates on behalf of and acts as an advocate for the tenant. The tenant’s
agent must disclose to potential landlords all adverse material facts actually
known by the tenant’s agent, including the tenant’s financial ability to perform
the terms of the transaction and, if a residential property, whether the tenant
intends 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 tenant’s financial ability to perform the terms of a
transaction and, if a residential property, whether the tenant intends to occupy
the property. 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, either as the party’s
agent or as the party’s transaction-broker. This applies to all properties listed
on www.StapletonForRent.com and marketed by TJC Management Services.
