NYS Standard Operating Procedure
STANDARDIZED OPERATING PROCEDURE FOR PURCHASERS OF REAL ESTATE
PURSUANT TO REAL PROPRTY LAW §442-H
Please be advised that prior to showing a purchaser a property Broker:
1. Does not require Prospective buyer clients to show identification*
2. Does not require Exclusive buyer broker agreements
3. Does not require Pre-approval for a mortgage loan / proof of funds*
*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.