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Release of Collateral Assignment Form Penn Mutual Life

Release of Collateral Assignment Form Penn Mutual Life

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[Music] hi I'm Annie fit Simmons I'm your Washington realtor's Legal Hotline lawyer and now all of you are using form 21 with a revision date of August 24 if you have not already learned about the restructuring of the buyer brokerage Comm Mission provision on the face of form 21 you would better get up to speed before you write the next transaction because if you don't understand the operation of the revised Forum 21 as it relates to buyer brokerage compensation you may not fill in the form correctly and if you don't you may not receive the compensation you intended to receive so direct your attention to form 21 paragraph 17 and you will see that there are now two blanks that are side by side in that provision beneath the blanks they are labeled 17A and 17b 17A is where you should identify the amount of compensation that seller offered to a buyer broker assuming seller made an offer of compensation to a buyer broker if seller made no offer of com

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