Standard Operating Procedures

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For the prerequisites prospective homebuyers shall meet prior to receiving services from Cobbleridge Realty Corp pursuant to New York Real Estate Property Law Subdivision 4 section 442-h.[1], so that prospective purchasers understand what will be required from them when working with a real estate broker. 

Cobbleridge Realty Corp. Standard Operating Procedures

Please be advised that prior to showing a purchaser a property:

1. Cobbleridge Realty Corp. does not require all prospective clients to show identification*;

2. Cobbleridge Realty Corp. does require an exclusive brokerage agreement;

3. Cobbleridge Realty Corp. does require a pre-approval for a mortgage loan*;

4. At this time, the Department of State has elected not to hold public hearings or to add additional requirements to the SOP Law (but the DOS has reserved the right to do so in the future). 

*Although Broker may not require such information, a seller of real estate may require this information prior to showing the property and /or as part of any purchase offer.

PLEASE NOTE:

Cobbleridge Realty Corp. is a Licensed Real Estate Brokers, Associate Real Estate Broker, and Real Estate Salespersons may provide services as agents for sellers as will be disclosed to all prospective home buyers at first substantive contact. While all agents and teams that are associated with the real estate broker must follow the Broker’s Procedures, they must also follow lawful instructions by sellers as sellers’ agents.

Acknowledgement of Broker

Broker: Cobbleridge Realty Corp.

By: Ray Pearson, its duly authorized CEO

State of New York

County of Suffolk

The foregoing was acknowledge before me this___ day of _______ 20__ by Ray Pearson who personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whos name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity and that by his signature on the instrument the person on the entity upon behalf of which the person acted executed the instrument. 

Notary Signature

____________________________

Owner/Broker Cobbleridge Realty Corp.

[1]As amended on March 15,2022 in legislative bills number S. 2131-A and A. 6186