Consumer Information Statement
New Jersey law requires that real estate licensees inform prospective buyers and sellers about the four types of business relationships prior to the first discussion of financial matters or the motivation for buying or selling.
Download the Consumer Information Statement (CIS), which is required and must be delivered to the buyer or seller at the time of their first meeting, this will help explain these relationships.
The four business relationships are:
Buyer's agent
Seller's agent
Disclosed dual agent
Transaction broker