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Under the BC Real Estate Services Rules, what must a licensee give a party before providing trading services to that party?

Correct Answer

A) A disclosure of representation in trading services

Rules s. 54(1) requires a licensee, before providing trading services to or on behalf of a party, to disclose to the party whether or not the licensee will represent the party as a client. The disclosure must be in a form approved by the superintendent.

Answer Options
A
A disclosure of representation in trading services
B
A signed Multiple Listing Service agreement for the property
C
The seller's Property Disclosure Statement for the property
D
A written service agreement signed by the party, in every case

Why This Is the Correct Answer

Section 54 is the disclosure required before trading services to any party, whether or not they become a client.

Why the Other Options Are Wrong

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Key Terms

disclosure of representationRules s. 54trading servicesunrepresented party
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