In Ontario, a buyer submits an offer on a property that was listed as 'seller representation only.' The listing agent wants to also represent the buyer. What disclosure and consent requirements must be met under REBBA 2002?
Correct Answer
B) Written disclosure and informed consent from both parties before the buyer makes an offer
Under REBBA 2002, multiple representation requires written disclosure to both parties at the earliest practical opportunity and informed written consent before any offers are presented. This ensures both buyer and seller understand the change in representation and consent to the agent's modified duties.
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