STANDARD OPERATING PROCEDURE REAL ESTATE PURSUANT TO REAL PROPERTY LAW §442-H

At NIN, we value transparency. To ensure a smooth and efficient experience, we are making our standardized operating procedures in accordance with Real Property Law §442-H. These guidelines help us deliver the best possible guidance and results while respecting the needs of all parties involved.

Hard copies of our policy are available upon request.

IDENTIFICATION

To ensure security and maintain professional standards, we kindly request all buyers to verify their identity when signing an exclusive agency agreement. As commissioned Notary Publics, we are required to collect and record a valid, non-expired government-issued ID. Acceptable forms include a Driver’s License, Passport, Military ID, or equivalent. The ID type and expiration date will be documented in the agreement.

Please note: Individual property owners, managing agents, or co-brokers may require valid photo identification and set qualification criteria prior to showings or offers. These requirements must be applied consistently and without discrimination. We will communicate any such requests in advance to ensure a smooth and transparent process. 

EXCLUSIVE AGENCY AGREEMENT

To provide you with the highest level of service, we require buyers to sign an exclusive agency/buyer-broker agreement.

We understand that every transaction is unique, and we welcome open discussions regarding any questions or concerns prior to signing the agreement.

MORTGAGE PRE-APPROVAL

For buyers financing their purchase, we ask for a mortgage pre-approval within 15 days of initial contact.

We cannot provide services until this document is submitted. If financing is not required, proof of funds may be requested when making an offer. This step helps streamline the buying process in the event a property has multiple offers and ensures that you are well-prepared when the perfect opportunity comes along.

   Last Updated 3/18/25