A Mississippi licensee asks about a seller’s broker first has a substantive meeting with an unrepresented buyer. What is the best answer?
Correct Answer
D) The broker must disclose in writing that the broker represents another party at the first substantive meeting, using the MREC agency disclosure form
MREC Rule 4.3 requires written disclosure to the party for whom the broker is not an agent at the first substantive meeting. Source basis: MREC Rules and Regulations Rev. 02-21-2025, Part 1601 Chapter 4: Rule 4.2 definitions and Rule 4.3 disclosure requirements, including first substantive meeting, single agency disclosure, dual agency consent, changed agency forms, oral/unavailable signature handling, and completed disclosure forms. Checked 2026-04-30.
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