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. The Consumer Information Statement (CIS), which must be delivered to the buyer or seller at the time of the first meeting, helps explain these relationships.

The four business relationships are:

Buyer's agent
Seller's agent
Disclosed dual agent
Transaction broker

NJAR^® members may click here to access several variations of the Consumer Information Statement with receipt & declaration language.