Agency and Dual Agency Disclosure Policy

Explains how agency and dual-agency relationships are handled in connection with the BlueSleuth Boats Platform.

Agency terminology, brokerage relationships, and permitted broker roles vary by jurisdiction. Some jurisdictions require written disclosure and informed consent before a brokerage may represent or assist both sides of a transaction; others regulate designated agency, transaction brokerage, facilitation, nonagency representation, or other brokerage relationships; and some prohibit or restrict particular dual-role arrangements. Broker is solely responsible for determining the laws applicable to each transaction and for complying with all applicable licensing, brokerage, disclosure, consent, fiduciary, and record-retention requirements. BlueSleuth does not provide legal advice, legal opinions, brokerage guidance, or compliance advice and does not supply a universal agency disclosure form.

Platform Support for Disclosure

The Platform may provide optional fields, status indicators, labels, or administrative tools that allow Broker to identify or describe its claimed brokerage relationship, including seller representative, buyer representative, dual agent, designated agent, transaction broker, facilitator, nonagency representative, or another legally recognized role. Such fields, labels, status indicators, and administrative tools are provided solely for organizational and informational purposes, may not correspond to every jurisdiction's legal terminology or statutory requirements, and do not constitute legal advice, legal compliance, agency disclosure, informed consent, verification, legal classification, regulatory approval, or satisfaction of any legal obligation.

Broker remains solely responsible for selecting the legally appropriate designation and for preparing, delivering, obtaining, executing, retaining, and maintaining every disclosure, consent, agreement, acknowledgment, and record required by applicable law. Unless BlueSleuth expressly provides a jurisdiction-specific workflow or form, all legally required agency disclosures, acknowledgments, signatures, and record-retention obligations must be completed outside the Platform. Broker shall promptly update any agency designation displayed on the Platform if the brokerage relationship changes during the course of a transaction.

No Assumption of Broker Duty

BlueSleuth does not determine, review, approve, monitor, supervise, verify, interpret, or enforce a Broker's agency status, fiduciary duties, disclosure obligations, informed consents, brokerage relationships, or legal compliance and assumes no broker, fiduciary, agency, disclosure, consent, supervisory, or professional duty to any buyer, seller, broker, brokerage, referral agent, marine service provider, or other transaction participant.

Record Retention and Compliance Investigations

Broker shall retain all agency disclosures, written consents, acknowledgments, and related documentation required by applicable law and shall provide such documentation to BlueSleuth within a commercially reasonable time upon a good-faith complaint, regulatory inquiry, legal process, governmental request, or other legitimate compliance investigation, subject to applicable confidentiality obligations, attorney-client privilege, work-product protection, and other lawful restrictions.

Platform Administration

BlueSleuth may remove, modify, disable, relabel, or discontinue any agency-related field, status designation, or administrative feature at any time and may remove or disable inaccurate or misleading information without assuming any duty to investigate, verify, monitor, or police all listings, brokerage relationships, or agency disclosures. Any such action is undertaken solely to protect the integrity of the Platform and shall not be construed as an assumption of any duty to review, monitor, investigate, or enforce compliance with applicable law.