A salesperson working under a branch manager wants to list their friend's property. What disclosure requirements apply?

Option A: No disclosure required as they are friends, not relatives

Option A is incorrect because the Act doesn't distinguish between friendships and family relationships when it comes to disclosure requirements. Any personal relationship that could influence professional judgment must be disclosed, regardless of whether it's friendship, family, or other personal connections. The potential for conflict of interest exists in friendships just as it does in family relationships.

Option B: Disclosure only to the branch manager

Option B is insufficient because disclosure only to the branch manager doesn't meet the Act's requirements. All parties to the transaction must be informed of potential conflicts of interest so they can make informed decisions. The vendor, and any other parties involved, have the right to know about relationships that might affect the licensee's professional judgment.

Option D: Verbal disclosure to the vendor is sufficient

Option D is incorrect because the Act specifically requires written disclosure, not verbal. Written disclosure provides a clear record and ensures the information is properly documented. Verbal disclosure can be forgotten, misunderstood, or disputed later. The written requirement protects both the licensee and the parties by creating a permanent record of the disclosure.