In British Columbia, which of the following best describes the disclosure requirement when a licensee represents both buyer and seller in the same transaction?

Option A: Disclosure is only required if the parties specifically request it

Option A is incorrect because disclosure is mandatory by law, not optional based on client requests. RESA requires proactive disclosure of conflicts of interest, including dual agency situations. Licensees cannot wait for parties to ask about potential conflicts - they have a legal duty to disclose immediately when dual agency arises.

Option C: Verbal disclosure at the time of offer presentation is sufficient

Option C is insufficient because RESA specifically requires written disclosure and consent, not verbal communication. Verbal disclosure lacks the permanence and clarity needed for such significant conflicts of interest. Written documentation protects all parties and provides evidence of proper disclosure should disputes arise later.

Option D: Disclosure is automatic when using standard BC forms

Option D is incorrect because disclosure is not automatic through standard forms. While BC forms may contain dual agency clauses, the licensee must actively ensure both parties read, understand, and consent to the dual agency arrangement. Simply using standard forms without explicit discussion and consent is inadequate under RESA requirements.