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Agreement with Ryan HardinHARDIN COMPANIES HARDIN COMPANIES DISCLOSURE Multiple Offers As an OWNER/SELLER, you have the option of how you would like HARDIN COMPANIES to handle multiple offers. Please Initial One: Inform ALL buyers and/or party representing buyers of the existence of other offers. Inform all buyers or the party representing buyers of the existence of other offers, ONLY WHEN ASKED by buyer or party representing buyers. Inform NO ONE of the existence of other offers. As a BUYER, you acknowledge that while we may ask about the existence of other offers, the seller may have elected NOT to disclose the information. Disclosure Seller/Landlord Disclosure of Material Facts, Delivery of Reports, and Compliance with Laws. Sellers/landlords are hereby requested to disclose directly to buyers/tenants all facts known to sellers/landlords that materially affect the value or desirability of the Property and are not readily observable nor known to the buyer/tenant, including, but not limited to, facts regarding hazardous materials, zoning, construction, design, engineering, soils, title, survey, fire/life safety, proneness to natural hazards such as earthquakes, and other matters, and to provide buyers/tenants with copies of all reports in the possession of or accessible to sellers/landlords regarding the Property. Sellers/landlords and buyers/tenants must comply with all applicable federal, state and local laws, regulations, codes, ordinances and orders, including, but not limited to, the 1964 Civil Rights Act and all amendments thereto, the Foreign Investment in Real Property Tax Act, the Comprehensive Environmental Response Compensation and Liability Act, and The Americans With Disabilities Act. As a BUYER, you have the right to have a property inspection. Prior to closing you have an opportunity to complete a final walk through of the property to determine whether or not the property is in substantially the same condition as the date the purchase agreement was signed. HARDIN COMPANIES make no warranties or representations as to the property, personal property and/or any conditions that exist before or after closing. Brokerage may refer the client to inspectors, contractors, vendors, and other third -party professionals, such referrals do not constitute a warranty or endorsement of the services provided by third -parties and that the client is wholly responsible for choosing which professionals to employ. Brokerage Services HARDIN COMPANIES is a licensed real estate brokerage in the State of Minnesota engaging in real estate marketing. If you need advice including but not limited to; -Segal, tax, title, inspection, construction, surveying, zoning, environmental or other services, please consult tie appropriate professional. Information deemed reliable but not guaranteed. l Broker Signature Date Client 6-re Date Page 1 of 1 3. COMMERCIAL BUYER AND/OR TENANT REPRESENTATION CONTRACT: EXCLUSIVE This form is approved by the Minnesota Association of REALTORS® and the Minnesota Commercial Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. © 2025 Minnesota Association of REALTORS® 1. Date 2. Page 1 DEFINITIONS: Buyer and/or Tenant is Elk River Housing and Redevelopment Authority (e.g., trust, power of attorney, conservator, etc.) 4. Tenant"). Broker is Partners Real Estate Mn ("Buyer and/or (Real Estate Company Name) 5. ("Broker"). Buyer and/or Tenant gives Broker the exclusive right to locate and/or to assist in negotiations for the 6. © PURCHASE, exchange or option to purchase ("Purchase") ❑ LEASE, or option to lease ("Lease") ----------------------------------------------------------------------------(Check all that apply.) ----------- - -- - - ---------------------------------- 7. commercial, industrial, or investment property at a price and with terms acceptable to Buyer and/or Tenant. (If only 8. PURCHASE is checked, all references to Tenant, lessor, or Lease do not apply. If only LEASE is checked, all references 9. to Buyer, seller, or Purchase do not apply.) This Contract starts on December 1st 2025 , and ends 10. at 11:59 P.M. on December 1st 2026 , This Contract terminates upon successful closing and/or 11. Lease of a property or expiration or cancellation of this Contract, whichever occurs first. This Contract may only be 12. canceled by written mutual agreement of the parties. 13. BROKER'S OBLIGATION: Broker shall make a reasonable effort to locate property acceptable to Buyer and/or 14. Tenant. Broker shall use professional knowledge and skills to assist in negotiations for the Purchase and/or Lease of 15. property. Broker shall assist Buyer and/or Tenant throughout the transaction. Broker shall act in Buyer's and/or 16. Tenant's best interest at all times. Broker shall comply with all applicable nondiscrimination regulations. 17. BUYER'S AND/OR TENANT'S OBLIGATION: Buyer and/or Tenant shall work exclusively with Broker for the 18. Purchase and/or Lease of property. Buyer and/or Tenant shall promptly furnish to Broker accurate and relevant personal 19. financial information to ascertain Buyer's and/or Tenant's ability to Purchase and/or Lease property, if requested. 20. Buyer and/or Tenant shall cooperate with Broker in finding a property to Purchase and/or Lease. After a purchase and/ 21. or lease agreement has been accepted by seller and/or lessor, Buyer and/or Tenant is legally obligated to Purchase 22. and/or Lease the property. If Buyer refuses to close the Purchase and/or Tenant refuses to commence the Lease in 23. accordance with the terms of the executed lease agreement for any reason other than the failure of the seller and/or 24. lessor to perform, subject to relevant contingencies, Buyer and/or Tenant shall pay Broker all compensation due 25. under this Contract. 26. NOTICE: THE COMPENSATION FOR THE PURCHASE, LEASE, RENTAL OR MANAGEMENT OF REAL 27. PROPERTY SHALL BE DETERMINED BETWEEN EACH INDIVIDUAL BROKER AND THE BROKER'S 28. CLIENT. BROKER COMMISSIONS ARE NOT SET BY LAW AND ARE FULLY NEGOTIABLE. 29. BROKER'S COMPENSATION: (Fill in all blanks.) 30. COMPENSATION FOR PURCHASE: If Buyer, or any other person acting on Buyer's behalf, agrees to Purchase 31. any property, subject to the COMPENSATION CONDITIONS identified in lines 59-72, the following compensation shall 32. apply. Buyer shall pay Broker a retainer fee of $ 0.00 when Buyer signs this Contract. Broker 33. shall keep this fee even if Buyer does not Purchase property. The retainer paid shall apply toward satisfaction of 34. Buyer's obligation to compensate Broker. Buyer shall pay Broker, as Broker's compensation,: (Check any that apply.) 35. © 2.5 percent (%) of the selling price; 36. ❑ $ 37• ❑ $ per square foot; 38. ❑ OTHER: 39. 40. 41. when Buyer closes the Purchase, or upon the occurrence of any of the following conditions, identified in lines 59-72. MNC:BTRC:E-1 (8/25) W Minnesot COMMERCIAL BUYER AND/OR TENANT REPRESENTATION CONTRACT: EXCLUSIVE 42. Page 2 43. COMPENSATION FOR LEASE: If Tenant, or any other person acting on Tenant's behalf, agrees to Lease any 44. property, subject to the COMPENSATION CONDITIONS identified in lines 59-72, the following compensation shall 45. apply. Tenant shall pay Broker a retainer fee of $ when Tenant signs this Contract. 46. Broker shall keep this fee even if Tenant does not Lease property. The retainer paid shall apply toward satisfaction 47. of Tenant's obligation to compensate Broker. Tenant shall pay Broker, as Broker's compensation,: 48. (Check any that apply.) 49. ❑ - percent (%) of the total gross obligation of the lease price; 50. 51. 52. ❑ percent (%) of the total net obligation of the lease price; ❑ $- I■E? 53. ❑ $ 54. ❑ OTHER: per useable square foot; per rentable square foot; 55. 56. 57. upon the occurrence of any of the following conditions, identified in lines 59-72 and paid in the following manner: 58. percent (%) upon lease execution and percent (%) upon lease occupancy. 59. COMPENSATION CONDITIONS: 60. 1. Buyer and/or Tenant Purchases and/or Leases or agrees to Purchase and/or Lease a property before the end of 61. this Contract; or 62. 2. Within iso days (not to exceed six (6) months, except for the purchase or sale of a business, in which case 63. it cannot exceed two (2) years) after the end of this Contract, Buyer and/or Tenant Purchases and/or Leases 64. property which either Broker or Broker's salesperson has physically shown Buyer and/or Tenant or Broker or 65. Broker's salesperson has provided specific substantive information before the end of this Contract, so long as 66. Broker has identified this property on a written list Broker gives to Buyer and/or Tenant within 72 hours after the 67. end of this Contract. 68. Broker is authorized to negotiate and receive compensation paid by seller and/or lessor, or broker representing or 69. assisting seller and/or lessor. Any compensation accepted by Broker from seller and/or lessor, or broker representing 70. or assisting seller and/or lessor, SHALL reduce any obligation of Buyer and/or Tenant to pay compensation by 71. the amount received by seller and/or lessor, or broker. Broker must inform Buyer and/or Tenant in writing before 72. Buyer and/or Tenant signs an offer to Purchase and/or Lease the property. 73. CAUTION: BUYER'S AND/OR TENANT'S ACTIONS IN LOCATING A PROPERTY MAY AFFECT PAYMENT OF 74. COMPENSATION BY SELLER(S) AND/OR LESSOR(S) AND MAY THEREFORE OBLIGATE BUYER 75. AND/OR TENANT TO PAY ALL OR PART OF THE COMPENSATION IN CASH AT CLOSING. FOR 76. EXAMPLE: SIGNING A PURCHASE AND/OR LEASE AGREEMENT THROUGH ANOTHER BROKER 77. OR WITH SELLER AND/OR LESSOR MAY REQUIRE BUYER'S AND/OR TENANT'S PAYMENT OF 78. THE FULL COMPENSATION TO BUYER'S AND/OR TENANT'S BROKER. 79. ADDITIONAL COSTS: Buyer and/or Tenant acknowledges that Buyer and/or Tenant may be required to pay certain 80. costs at closing and/or in Leasing; including but not limited to application fees, credit checks, and/or closing costs; 81. which may effectively increase the cash outlay at closing. 82. CLOSING SERVICES: 83. NOTICE: THE REAL ESTATE BROKER, LICENSEE REPRESENTING BUYER, OR REAL ESTATE 84. CLOSING AGENT HAS NOT EXPRESSED AND, UNDER APPLICABLE STATE LAW, MAY NOT 85. EXPRESS OPINIONS REGARDING THE LEGAL EFFECT OF THE CLOSING DOCUMENTS OR OF 86. THE CLOSING ITSELF. 87. Buyer's choice for closing services: (Check one.) 88. © Buyer directs Broker to arrange for a qualified closing agent to conduct the closing. 89. ❑ Buyer shall arran a for a qualified closing agent or Buyer's attorney to conduct the closing. 90. (Buyer's Initials) (1410 rs niials) (�Minnesot, MNC:BTRC:E-2 (8/25) ., _ V. . ,„ COMMERCIAL BUYER AND/OR TENANT REPRESENTATION CONTRACT: EXCLUSIVE 91. Page 3 92. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA"): Section 1445 of the Internal Revenue Code 93. provides that a transferee ("Buyer") of a United States real property interest must withhold tax from the transferor 94. ("Seller") if the Seller is a foreign person and no exceptions from FIRPTA withholding apply. A Buyer is personally 95. liable for the full amount of FIRPTA withholding tax required to be withheld unless the Seller furnishes Buyer with 96. specific documentation ensuring Buyer is exempt from the withholding requirements as prescribed under 26 USC 97. §1445. Due to the complexity and potential risks of failing to comply with FIRPTA, including the Buyer's responsibility 98. for withholding the applicable tax, Buyer should seek appropriate legal and tax advice regarding FIRPTA compliance, 99. as Broker will be unable to assure Buyer that the transaction is exempt from the withholding requirements. 100. INSPECTION: Broker recommends that Buyer and/or Tenant obtain a physical inspection and conduct further 101. investigation and due diligence of the property, including but not limited to inspecting and reviewing the financial 102. documents, environmental reports, surveys, and any additional methods of investigation of Buyer's and/or Tenant's 103. choice, to satisfy themself with the condition of the property. 104. AGENCY REPRESENTATION: 105. © Buyer and/or Tenant will agree to a dual agency representation and will consider properties listed by Broker. 106. ❑ Buyer and/or Tenant will not agree to a dual agency representation and will not consider properties listed by 107. Broker. 108. Real Estate Company Name: Partners Real Estate Mn 109. By: (Licensee) 110. Buyer and/or Tenant: Date: 111. Buyer and/or Tenant: Date: 112. OTHER POTENTIAL BUYERS AND/OR TENANTS: Broker may represent or work with other potential buyers and/ 113. or tenants for the same property before, during and after the expiration of this Contract. Other potential buyers and/or 114. tenants may consider, make offers or Purchase and/or Lease through Broker the same or similar properties as Buyer 115. and/or Tenant is seeking to acquire. 116. PREVIOUS AGENCY RELATIONSHIPS: Broker, or licensee representing Buyer and/or Tenant, may have had a 117. previous agency relationship with a seller and/or tenant of a property Buyer and/or Tenant is interested in Purchasing 118. and/or Leasing. Buyer and/or Tenant acknowledges that Buyer's and/or Tenant's Broker, or licensee representing 119. Buyer and/or Tenant, is legally required to keep information regarding the ultimate price and terms the seller and/or 120. lessor would accept and the motivation for selling and/or leasing confidential, if known. 121. TERMINATION OF FIDUCIARY DUTIES: Broker's fiduciary duties, except the duty of confidentiality, terminate upon 122. Buyer's and/or Tenant's successful closing and/or Lease of a property or expiration or cancellation of this Contract, 123. whichever occurs first. 124. NOTICE REGARDING PREDATORY OFFENDER INFORMATION: Information regarding the predatory offender 125. registry and persons registered with the predatory offender registry under MN Statutes 243.166 may be 126. obtained by contacting the local law enforcement offices in the community where the property is located, 127. or the Minnesota Department of Corrections at (651) 361-7200, or from the Department of Corrections Web 128. site at https:/Icoms.doc.state.mn.us/publicregistrantsearch 129. ENTIRE AGREEMENT: This Contract and all addenda and amendments signed by the parties shall constitute the 130. entire agreement between Buyer and/or Tenant and Broker. Any other written or oral communication between Buyer 131. and/or Tenant and Broker, including, but not limited to, e-mails, text messages, or other electronic communications 132. are not part of this Contract. This Contract can be modified or canceled only in writing signed by Buyer and/or Tenant 133. and Broker or by operation of law. All monetary sums are deemed to be United States currency for purposes of this 134. Contract. 135. ELECTRONIC SIGNATURES: The parties agree the electronic signature of any party on any document related to 136. this transaction constitute valid, binding signatures. MNC:BTRC:E-3 (8/25) WMinnesot COMMERCIAL BUYER AND/OR TENANT REPRESENTATION CONTRACT: EXCLUSIVE 137. Page 4 138. CONSENT FOR COMMUNICATION: Buyer and/or Tenant authorizes Broker and its representatives to contact Buyer 139. and/or Tenant by mail, phone, fax, e-mail, text message or other means of communication during the term of this 140. Contract and anytime thereafter. 141. OTHER: See Addendum. 142. 143. BROKER BUYER AND/OR TENANT 144. ACCEPTED BY: partners Real Estate Mn ACCE�T , D BY: Elk River Housing and Redevelopment Authority (Real Estate Company Name) ,/ IJ (Business Entity or [ndividual Name) 145. By: (Licensee's Signature) 146_ (Licensee's Printed Name) 147. (Date) 148. (Address) 149. (City/State/Zip) 150. (Phone) 151. ryanhardin@partnersrealestatemn.com (E-Mail Address) 152 153. 154. 155. 156. 157. 158. 159. 160. 161. (Buyer's and/or nt's Si nature) (Buyer's and/or Tenant's Printed Name) Its: (Title) (Date) (Address) (City/State/Zip) (Phone) (E-Mail Address) BUYER AND/OR TENANT ACCEPTED BY: (Business Entity or Individual Name) By: (Buyer's and/or Tenant's Signature) (Buyer's and/or Tenant's Printed Name) Its: (Title) (Date) (Address) (City/State/Zip) (Phone) 162. (E-Mail Address) 163. THIS IS A LEGALLY BINDING CONTRACT BETWEEN BUYER AND/OR TENANT AND BROKER. 164. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. MNC:BTRC:E-4 (8/25) W Minnesot, WIRE FRAUD ALERT Internet fraud — the use of Internet services or software with Internet access to defraud victims — is on the rise in real estate transactions. THESE SOPHISTICATED CRIMINALS COULD: • HACK INTO YOUR E-MAIL ACCOUNT or the e-mail of others involved in your real estate transaction and may direct you to wire money to the hacker's account. • SEND FRAUDULENT E-MAILS that appear to be from your real estate licensee, lender, or closing agent. • CALL YOU claiming they have revised wiring instructions. Buyers/Tenants and Sellers/Owners are advised to: (1) Never wire funds without confirming the wiring instructions directly with the intended recipient. (2) Verify that the contact information for the wire transfer recipient is legitimate by calling a known phone number for the broker or closing agent. Do not rely on the information given to you in an e-mail communication. (3) Never send personal information through unsecured/unencrypted e-mail. If you suspect wire fraud in your transaction: (1) Immediately notify your bank, closing agent, and real estate licensee. (2) File a complaint online at the Internet Crime Complaint Center (IC3) at http://www.ic3.gov. The undersigned acknowledge receipt of this wire fraud alert and understand the importance of taking proactive measures to avoid being a victim of wire fraud in a real estate transaction. (Signature) (Date) This form is approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. © 2018-2023 Minnesota Association of REALTORS® MN MN-WFA (8/18) WMinnesot ADDENDUM OR AMENDMENT TO LISTING CONTRACT / BUYER REPRESENTATION CONTRACT This form is approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. © 2024 Minnesota Association of REALTORS® 1. Date 2. Page _ of _ _ pages 3. ❑) Addendum or ❑ Amendment to -------------------(Check one.)----------------- 4. ❑ Listing Contract © Buyer Representation Contract between parties, 5. dated . In the event of a conflict between this Addendum or Amendment and 6. any other provision of the specified Contract or Agreement the language in this Addendum or Amendment shall govern. This Contract terminates upon successful closing and/or Lease of Properties or expiration or 7. cancellation of this Contract, whichever occurs first. This Contract may only be canceled by 8 written mutual agreement of the parties. 9. Property ID Numbers Subject to this agreement shall include Sherburne County PID: 75-00405-1110 10. 75-00405-1115 11 75-00405-1155 75-00405-1120 12. 75-00405-1135 75-00405-1150 13. 75-00405-1145 14. 15. 16. 17. 18. 19. ACCEPTED BY: aartner6 Real Estate tar Rardin Companies (Real Estate Company Name) 20. 21. 22. 23. 24. 25. 26. BY: (Licensee's Printed Name) (Date) (Licensee's Signature) ACCEPTED BY. BY. (Date) CLIENT: Elk Ri ACCEPTED (Client's Printed Name) (Client's Signature) (Client's Printed Name) (Date) 27. THIS IS A LEGALLY BINDING CONTRACT BETWEEN BUYER(S) AND SELLER(S). 28. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. MN:AALCBRC-1 (8/25) j�Minnesot. AGENCY RELATIONSHIPS IN REAL ESTATE TRANSACTIONS 1. Page 1 2. MINNESOTA LAW REQUIRES that early in any relationship, real estate brokers or salespersons discuss with 3. consumers what type of agency representation or relationship they desire.'>The available options are listed below.This 4. is not a contract. This is an agency disclosure form only. If you desire representation you must enter into a 5. written contract, according to state law (a listing contract or a buyer/tenant representation contract). Until such time 6. as you choose to enter into a written contract for representation, you will be treated as a customer and will not receive 7. any representation from the broker or salesperson. The broker or salesperson will be acting as a Facilitator (see 8. paragraph IV on page two (2)), unless the broker or salesperson is representing another party, as described below. 9. ACKNOWLEDGMENT: I/We acknowledge that I/we have been presented with the below -described options. 10. I/We understand that until I/we have signed a representation contract, I/we am/are not represented by the 11. broker/salesperson. I/We understand that written consent is r uired for a dual agency relationship. 12. THIS IS A DISCLOSURE ONLY, NOT A CON R CT FOR REP ENTATION. 13. _ r �•' (Signature) (Date) / (Signature) (Date) 14. I. Seller's/Landlord's Broker: A broker who lists a property, or a salesperson who is licensed to the listing broker, 15. represents the Seller/Landlord and acts on behalf of the Seller/Landlord. A Seller's/Landlord's broker owes to 16. the Seller/Landlord the fiduciary duties described on page two (2).(2) The broker must also disclose to the Buyer 17. material facts as defined in MN Statute 82.68, Subd. 3, of which the broker is aware that could adversely and 18. significantly affect the Buyer's use or enjoyment of the property. (MN Statute 82.68, Subd. 3 does not apply to 19. rental/lease transactions.) If a broker or salesperson working with a Buyer/Tenant as a customer is representing the 20. Seller/Landlord, they must act in the Seller's/Landlord's best interest and must tell the Seller/Landlord any information 21. disclosed to them, except confidential information acquired in a facilitator relationship (see paragraph IV on page 22. two (2)). In that case, the Buyer/Tenant will not be represented and will not receive advice and counsel from the 23. broker or salesperson. 24. II. Buyer's/Tenant's Broker: A Buyer/Tenant may enter into an agreement for the broker or salesperson to represent 25. and act on behalf of the Buyer/Tenant. The broker may represent the Buyer/Tenant only, and not the Seller/Landlord, 26. even if they are being paid in whole or in part by the Seller/Landlord. A Buyer's/Tenant's broker owes to the 27. Buyer/Tenant the fiduciary duties described on page two (2).(2) The broker must disclose to the Buyer material facts 28. as defined in MN Statute 82.68, Subd. 3, of which the broker is aware that could adversely and significantly affect 29. the Buyer's use or enjoyment of the property. (MN Statute 82.68, Subd. 3 does not apply to rental/lease transactions.) 30. If a broker or salesperson working with a Seller/Landlord as a customer is representing the Buyer/Tenant, they 31. must act in the Buyer's/Tenant's best interest and must tell the Buyer/Tenant any information disclosed to them, 32. except confidential information acquired in a facilitator relationship (see paragraph IV on page two (2)). In 33. that case, the Seller/Landlord will not be represented and will not receive advice and counsel from the broker or 34. salesperson. 35. III. Dual Agency - Broker Representing both Seller/Landlord and Buyer/Tenant: Dual agency occurs when one 36. broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same 37. broker each represent a party to the transaction. Dual agency requires the informed consent of all parties, and 38. means that the broker and salesperson owe the same duties to the Seller/Landlord and the Buyer/Tenant. This 39. role limits the level of representation the broker and salesperson can provide, and prohibits them from acting 40. exclusively for either party. In a dual agency, confidential information about price, terms and motivation for pursuing 41. a transaction will be kept confidential unless one party instructs the broker or salesperson in writing to disclose 42. specific information about them. Other information will be shared. Dual agents may not advocate for one party 43. to the detriment of the other.0) 44. Within the limitations described above, dual agents owe to both Seller/Landlord and Buyer/Tenant the fiduciary 45. duties described below.(2) Dual agents must disclose to Buyers material facts as defined in MN Statute 82.68, Subd. 46. 3, of which the broker is aware that could adversely and significantly affect the Buyer's use or enjoyment of the 47. property. (MN Statute 82.68, Subd. 3 does not apply to rental/lease transactions.) MN:AGCYDICS-1 (8/25) i �,7 Minnesot, AGENCY RELATIONSHIPS IN REAL ESTATE TRANSACTIONS 48. Page 2 49. IV. Facilitator: A broker or salesperson who performs services for a Buyer/Tenant, a Seller/Landlord or both but 50. does not represent either in a fiduciary capacity as a Buyer's/Tenant's Broker, Seller's/Landlord's Broker or Dual 51. Agent. THE FACILITATOR BROKER OR SALESPERSON DOES NOT OWE ANY PARTY ANY OFTHE FIDUCIARY 52. DUTIES LISTED BELOW, EXCEPT CONFIDENTIALITY, UNLESS THOSE DUTIES ARE INCLUDED IN A 53. WRITTEN FACILITATOR SERVICES AGREEMENT. The facilitator broker or salesperson owes the duty of 54. confidentiality to the party but owes no other duty to the party except those duties required by law or contained in 55. a written facilitator services agreement, if any. In the event a facilitator broker or salesperson working with a Buyer/ 56. Tenant shows a property listed by the facilitator broker or salesperson, then the facilitator broker or salesperson 57. must act as a Seller's/Landlord's Broker (see paragraph I on page one (1)). In the event a facilitator broker or 58. salesperson, working with a Seller/Landlord, accepts a showing of the property by a Buyer/Tenant being represented 59. by the facilitator broker or salesperson, then the facilitator broker or salesperson must act as a Buyer'slTenant's 60. Broker (see paragraph II on page one (1)). 61. (1) This disclosure is required by law in any transaction involving property occupied or intended to be occupied by 62. one to four families as their residence. 63. (2) The fiduciary duties mentioned above are listed below and have the following meanings: 64. Loyaltk - broker/salesperson will act only in client(s)' best interest. 65. Obedience - broker/salesperson will carry out all client(s)' lawful instructions. 66. Disclosure - broker/salesperson will disclose to client(s) all material facts of which broker/salesperson has knowledge 67. which might reasonably affect the client(s)' use and enjoyment of the property. 68. Confidentiality - broker/salesperson will keep client(s)' confidences unless required by law to disclose specific 69. information (such as disclosure of material facts to Buyers). 70. Reasonable Car - broker/salesperson will use reasonable care in performing duties as an agent. 71. Accounting - broker/salesperson will account to client(s) for all client(s)' money and property received as agent. 72. (3) If Seller(s)/Landlord(s) elect(s) not to agree to a dual agency relationship, Seller(s)/Landlord(s) may give up the 73. opportunity to sell/lease the property to Buyer(s)/Tenant(s) represented by the broker/salesperson. If Buyer(s)/ 74. Tenant(s) elect(s) not to agree to a dual agency relationship, Buyer(s)/Tenant(s) may give up the opportunity to 75. purchase/lease properties listed by the broker. 76. NOTICE REGARDING PREDATORY OFFENDER INFORMATION: Information regarding the predatory offender 77. registry and persons registered with the predatory offender registry under MN Statute 243.166 may be 78. obtained by contacting the local law enforcement offices in the community where the property is located, 79. or the Minnesota Department of Corrections at (651) 361-7200, or from the Department of Corrections Web site at 80. https://coms.doc.state.mn.us/publicregistrantsearch MN:AGMISC-2 (8/25) 17,7Minnesot. } 2vah ipJl O O O p V ' to tn• to p - o u� I lD oo to .I ca I F~+ A N A a J U1 0 0 O � i!� to O F+ F+ F+ F+ 4 {11 AFj A r J PA N• W N ul N a In U'1 N M N O Ol O O O 'h V u9 Ln IV W I- Ln (n W O O O O O _ 0 0 0 0 1 , o !r to LA N V a: ID t0 to E '�• ` o 0 0 i . 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