Legal Disclosure for 1 Source Team

Introduction

The following legal disclosures are provided by 1 Source Team to ensure transparency, compliance with federal and state laws, and clarity regarding the services offered to our clients. These disclosures cover a broad range of topics, including real estate transactions, privacy policies, equal housing opportunities, professional responsibilities, and compliance with applicable regulations. By accessing our website or engaging in real estate services with 1 Source Team, clients acknowledge their understanding of these terms.

1. General Disclaimer

The information provided on this website is for informational purposes only and should not be construed as professional advice. While 1 Source Team strives to provide accurate, timely, and reliable information, we make no representations or warranties about the completeness, accuracy, or reliability of the content. Clients and visitors should independently verify any information before acting upon it. Any reliance on the materials provided is at the user's own risk.

2. Real Estate Services Disclosure

1 Source Team offers real estate services including, but not limited to, buying, selling, and marketing residential properties within the Middle Tennessee region. All agents are licensed real estate professionals in accordance with the Tennessee Real Estate Commission (TREC) and are held to the highest standards of ethics and professionalism.

Our services include assistance with property searches, property valuations, transaction coordination, contract management, and other services designed to facilitate real estate transactions. Clients may be required to sign listing agreements, buyer agreements, or other contractual documents to formalize real estate transactions.

3. Equal Housing Opportunity

1 Source Team is committed to providing equal housing opportunities to all individuals, regardless of race, color, religion, sex, handicap, familial status, or national origin. We comply with the Fair Housing Act (FHA) and other applicable federal, state, and local laws to ensure that everyone has the right to buy, sell, or rent property without discrimination.

As part of our commitment to equal opportunity, 1 Source Team adheres to the guidelines established by the National Association of Realtors (NAR) and the Multiple Listing Service (MLS). All listings and property advertisements are offered without regard to the protected classes outlined in the Fair Housing Act.

4. Privacy Policy

1 Source Team is committed to protecting your privacy and the confidentiality of your personal and financial information. Any personal data collected on our website, including your name, email address, phone number, and any other contact information, will be used solely for the purpose of providing real estate services, processing transactions, and responding to inquiries.

We utilize industry-standard security protocols to safeguard your information and prevent unauthorized access, disclosure, alteration, or destruction.

We do not sell, rent, or lease personal data to third parties. However, we may disclose your information to third parties, such as lenders, title companies, or service providers, in connection with facilitating real estate transactions. By providing personal information, clients consent to the collection and use of that data for the purposes stated above.

5. Fair Housing Compliance and MLS Regulations

As a licensed real estate company, 1 Source Team adheres to the ethical and regulatory standards set forth by the Multiple Listing Service (MLS). The MLS provides a platform for listing properties and facilitates the sharing of property information between real estate professionals. All listings posted on the MLS are subject to the rules and regulations governing MLS participation, including non-discriminatory practices and accurate representation of property details.

1 Source Team is dedicated to ensuring that all property listings, advertisements, and communications comply with both federal and state fair housing laws. Listings will not contain discriminatory language or terms that could violate the Fair Housing Act.

6. Affiliate and Third-Party Disclosures

In the course of conducting business, 1 Source Team may partner with third-party service providers, such as lenders, inspectors, contractors, and title companies, to facilitate the real estate transaction process. These affiliates may offer services or products that are relevant to real estate transactions.

While we work closely with trusted affiliates, it is important to note that 1 Source Team does not receive compensation or financial incentives from these third-party providers unless disclosed explicitly in writing. Any referral to a third-party service is made based on the quality of services offered and is not influenced by personal or financial relationships with these providers.

7. Conflict of Interest Disclosure

1 Source Team strives to ensure full transparency and avoid any conflicts of interest in the provision of our services. All agents and staff members are required to disclose any personal or financial interests that may conflict with their professional responsibilities.

If a conflict of interest arises, we will disclose this to clients promptly and provide them with the option to proceed with a different agent or service provider if they feel uncomfortable. The goal of 1 Source Team is to act in the best interest of our clients and to ensure that all transactions are conducted ethically and with integrity.

8. Consumer Protection and Anti-Fraud Measures

1 Source Team is dedicated to protecting our clients from fraud and other illegal activities. We adhere to consumer protection laws and regulations designed to prevent fraudulent activities, including misrepresentation and deceptive practices.

We advise clients to be vigilant and cautious when engaging in real estate transactions, especially when dealing with financial documents, wiring funds, or sharing personal information. If clients suspect any fraudulent activity or have concerns regarding the integrity of a transaction, we encourage them to report it immediately to our office or relevant authorities.

9. Agency Relationship and Disclosures

1 Source Team operates as a real estate brokerage with both seller and buyer representatives. It is important for clients to understand their agency relationship with 1 Source Team prior to entering into any real estate transactions.

Seller’s Agent: If you are selling a property, 1 Source Team may act as the seller’s agent, representing the seller's best interests in the transaction. Buyer’s Agent: If you are purchasing a property, 1 Source Team may represent you as the buyer’s agent, ensuring your interests are protected throughout the process.

In some instances, we may act as a dual agent, representing both the buyer and the seller, provided that both parties give their consent in writing.

10. Warranty and Limitation of Liability

While 1 Source Team strives to ensure the accuracy and quality of all information provided, we do not warrant or guarantee the condition, availability, or fitness for a particular purpose of any properties listed, nor do we assume any responsibility for third-party content or services.

In no event shall 1 Source Team, its affiliates, agents, or employees be liable for any damages arising out of the use or reliance on the information provided, including any consequential, incidental, or special damages. Clients are encouraged to independently verify the accuracy of all property information and to seek professional advice as needed.

11. Compliance with State and Federal Laws

1 Source Team complies with all applicable federal, state, and local laws and regulations governing real estate transactions. These include, but are not limited to, the Fair Housing Act, the Real Estate Settlement Procedures Act (RESPA), the Truth in Lending Act (TILA), and the Anti-Kickback Statute.

We also comply with the rules and regulations set forth by the Tennessee Real Estate Commission (TREC), the National Association of Realtors (NAR), and the Multiple Listing Service (MLS) governing our real estate practice in Middle Tennessee.

12. Dispute Resolution and Arbitration

In the event of a dispute between 1 Source Team and any client, we encourage resolving the matter through direct negotiation or mediation. If informal resolution is not possible, disputes may be resolved through binding arbitration, in accordance with the rules of the American Arbitration Association (AAA). Arbitration will be conducted in the state of Tennessee, and any legal proceedings will be subject to the jurisdiction of Tennessee courts.

13. Changes to Legal Disclosures

1 Source Team reserves the right to update or modify this disclosure document at any time. Changes will be posted on this page, and the revised version will reflect the date of the latest update. Clients are encouraged to periodically review this document to remain informed of any updates.

Conclusion

By engaging in real estate services with 1 Source Team, clients acknowledge their understanding and acceptance of these legal disclosures. If you have any questions or concerns regarding any of the statements outlined above, please contact our office directly at

[email protected]

or call us at (931) 265-3433.