What am I signing?
For Renters:
Residential Lease – Contains all terms and conditions related to the lease agreement, including rent, duration, and responsibilities of both tenant and landlord.
Exclusive Tenant Representation Agreement – Confirms that Compass NJ represents you as the tenant in this rental transaction.
NJ Truth in Renting – Outlines the rights and responsibilities of both tenants and landlords under New Jersey law.
Consumer Information Statement – Explains the five types of real estate agency relationships: Buyer/Tenant Agent, Seller/Landlord Agent, Transaction Broker, Designated Agent, and Dual Agency.
Wire Fraud Notice – Advises that any wire transfer instructions should always be verified before sending funds to prevent fraud.
Dual Agency Form – Discloses that Compass NJ may represent both the tenant and the landlord in the same transaction.
Flood Risk Notice – Confirms that the property is not located in a designated flood zone.
W-9 Form – Used to collect the necessary information to place your security deposit in a required interest-bearing account.
For Buyers & Sellers:
Exclusive Buyer/Seller Representation Agreement – Confirms that Compass NJ represents you as the buyer or seller in this transaction and what are the fees associated if applicable.
Consumer Information Statement – Explains the five types of real estate agency relationships: Buyer/Tenant Agent, Seller/Landlord Agent, Transaction Broker, Designated Agent, and Dual Agency.
Wire Fraud Notice – Advises that any wire transfer instructions should always be verified before sending funds to prevent fraud.
Dual Agency Form – Discloses that Compass NJ may represent both the tenant and the landlord in the same transaction.
Affiliated Business Disclosure Statement – Discloses that Compass has a business relationship with Common Ground LLC.