Brokerage Relationships Policy

$299.00

Delivered in MS Word (.doc) format via email as soon as practicable following your purchase, typically within one business day.

The Colorado Real Estate Commission’s Rules require that Real Estate Brokerage Firms adopt the following written policies:

  1. Independent Brokers: adoption of a Brokerage Relationship Policy. (Rule 6.4.A.)

  2. Employing Brokers: adoption of a Brokerage Relationship Policy AND an Office Policy Manual. (Rule 6.4.A. and B.)

  3. Employing Brokers engaged in property Management: adoption of a Brokerage Relationship Policy AND an Office Policy Manual AND certain written policies pertaining to accounting controls (Rule 5.1), which are included in the Property Management Policy.

Rule 6.4 of the Colorado Real Estate Commission require every Employing Broker and every Independent Broker to adopt a written office policy which identifies and describes the relationships in which such Employing Broker, Independent Broker, and any Associate Brokers may engage with any Consumers prior to providing any Real Estate Brokerage Services. Zumbrennen Law’s Brokerage Relationship Policy provides compliance with this Rule, along with a host of condensed advice and “best practices” on a wide range of topics, including:

•         Important Definitions

•         Execution of Listing Contracts          

•         Establishing a Brokerage Relationship          

•         Working with a Seller and the Preparation of Listing Contracts      

•         Working with a Buyer and the Preparation of Listing Contracts      

•         Working as a Transaction Broker      

•         Working with a Customer     

•         Working with both a Seller and a Buyer       

•         Working with a Client who is both a Buyer and a Seller      

•         Working as a Team    

•         Buying and Selling Licensee Property          

•         Unavailability of the Designated Broker       

•         Termination of Listing Contracts      

 and more!

Zumbrennen Law may be engaged separately to provide customized revisions to suit your needs.

The Brokerage Relationship Policy does not include periodic updates.

Delivered in MS Word (.doc) format via email as soon as practicable following your purchase, typically within one business day.

The Colorado Real Estate Commission’s Rules require that Real Estate Brokerage Firms adopt the following written policies:

  1. Independent Brokers: adoption of a Brokerage Relationship Policy. (Rule 6.4.A.)

  2. Employing Brokers: adoption of a Brokerage Relationship Policy AND an Office Policy Manual. (Rule 6.4.A. and B.)

  3. Employing Brokers engaged in property Management: adoption of a Brokerage Relationship Policy AND an Office Policy Manual AND certain written policies pertaining to accounting controls (Rule 5.1), which are included in the Property Management Policy.

Rule 6.4 of the Colorado Real Estate Commission require every Employing Broker and every Independent Broker to adopt a written office policy which identifies and describes the relationships in which such Employing Broker, Independent Broker, and any Associate Brokers may engage with any Consumers prior to providing any Real Estate Brokerage Services. Zumbrennen Law’s Brokerage Relationship Policy provides compliance with this Rule, along with a host of condensed advice and “best practices” on a wide range of topics, including:

•         Important Definitions

•         Execution of Listing Contracts          

•         Establishing a Brokerage Relationship          

•         Working with a Seller and the Preparation of Listing Contracts      

•         Working with a Buyer and the Preparation of Listing Contracts      

•         Working as a Transaction Broker      

•         Working with a Customer     

•         Working with both a Seller and a Buyer       

•         Working with a Client who is both a Buyer and a Seller      

•         Working as a Team    

•         Buying and Selling Licensee Property          

•         Unavailability of the Designated Broker       

•         Termination of Listing Contracts      

 and more!

Zumbrennen Law may be engaged separately to provide customized revisions to suit your needs.

The Brokerage Relationship Policy does not include periodic updates.

Limited Scope Legal Services; Attorney-Client Relationship

Certain products offered through this website are legal-service products. If you purchase one of those products, and if Zumbrennen Law LLC accepts the purchase, you will establish a limited-scope attorney-client relationship with Zumbrennen Law LLC and T. Damien Zumbrennen, Esq. The scope of that relationship is limited to the specific product purchased and the services expressly described in the product description, checkout page, and these terms.

The limited-scope representation does not include any services not expressly included in the product description. Unless separately agreed in a signed writing, the representation does not include court appearances, litigation, negotiation, communications with opposing parties or counsel, factual investigation, review of materials not submitted through the applicable product process, tax advice, business advice, estate planning, criminal law advice, appellate work, emergency legal services, or ongoing representation.

The limited-scope representation begins only after Zumbrennen Law LLC accepts the purchase and payment. Zumbrennen Law LLC may decline or cancel a purchase if, among other reasons, the requested service is outside the scope of the product, the matter is inappropriate for limited-scope representation, a conflict of interest exists, required information is not provided, or the requested service would be inconsistent with the Colorado Rules of Professional Conduct. If a purchase is declined or cancelled before legal services are provided, the purchaser will receive a refund of the unearned fee.

Unless otherwise agreed in writing, the limited-scope representation ends when Zumbrennen Law LLC delivers the purchased product, written response, form, review, consultation, or other agreed deliverable. After that point, Zumbrennen Law LLC has no obligation to provide additional advice, update the work product, monitor changes in the law, calendar deadlines, file documents, respond to third parties, or take further action on the purchaser’s behalf.

Informed Consent to Limited Scope Representation

By purchasing a legal-service product, you acknowledge and agree that you have been informed of the limited nature of the representation. You understand that limiting the scope of representation may involve risks. Those risks may include, without limitation, that important facts may not be known to the attorney, that the attorney may not identify issues outside the limited scope of the product, that you may remain responsible for deadlines and legal decisions, and that you may need additional legal services beyond the product purchased.

You understand that you may choose not to purchase a limited-scope product and may instead retain Zumbrennen Law LLC or another attorney for broader representation, subject to a separate written fee agreement.

Consent to Representation of Adverse Clients

Zumbrennen Law LLC represents landlords, property managers, real estate professionals, businesses, and other clients. Some current or future clients may have interests that are adverse to yours. By purchasing a limited-scope legal-service product, you give informed consent for Zumbrennen Law LLC and T. Damien Zumbrennen, Esq. to represent existing or future clients whose interests are adverse to yours, including in litigation, transactions, negotiations, disputes, or other matters, provided that:

  1. the other matter is not the same matter as your limited-scope representation;

  2. the other matter is not substantially related to your limited-scope representation;

  3. the representation will not require the use or disclosure of your confidential information;

  4. Zumbrennen Law LLC reasonably believes it can provide competent and diligent representation to each affected client; and

  5. the representation is not otherwise prohibited by the Colorado Rules of Professional Conduct or other applicable law.

This consent is intended to permit Zumbrennen Law LLC to continue representing its existing clients and to accept future clients, including clients whose interests may be generally or directly adverse to yours in unrelated or non-substantially-related matters. This consent does not authorize Zumbrennen Law LLC to oppose you in the same matter for which you purchased the limited-scope product, to misuse your confidential information, or to undertake any representation that cannot ethically be waived.

You understand that possible risks of this consent include that Zumbrennen Law LLC may represent another person or entity whose legal, financial, or practical interests are contrary to yours; that Zumbrennen Law LLC’s duties to another client may limit what it can do for you; and that you may later prefer that Zumbrennen Law LLC not represent an adverse party. You also understand that alternatives include declining to purchase the product, seeking legal services from another lawyer, or asking Zumbrennen Law LLC whether a separate written agreement is available.

By completing your purchase, you acknowledge that you have had an opportunity to review this consent, to ask questions before purchasing, and to seek independent legal advice if you wish. You knowingly and voluntarily consent to the limited-scope representation and to Zumbrennen Law LLC’s representation of adverse clients as described above.