63 Pa. Stat. § 455.606b

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 455.606b - Duties of seller's agent

In addition to the duties generally required of a licensee as set forth in section 606.1, the duties of the broker acting as an agent for the seller include the following:

(1) to be loyal to the seller by taking action that is consistent with the seller's interest in a transaction; and
(2) to make a continuous and good faith effort to find a buyer for the property, except that a seller's broker is not obligated to seek additional offers to purchase the property while the property is subject to an existing agreement for sale.

63 P.S. § 455.606b

1980, Feb. 19, P.L. 15, No. 9, § 606.2, added 1998, Nov. 25, P.L. 908, No. 112, § 5, effective in one year.