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Practice Of Real EstateAgency DisclosureMEDIUM

A Rhode Island salesperson asks about a buyer or seller must receive Rhode Island agency relationship information. What is the best answer?

Correct Answer

D) Failure to provide the agency relationship disclosure specified in Chapter 5-20.6 is sanctionable

R.I. Gen. Laws § 5-20.5-14 lists failure to provide buyers and sellers with disclosure regarding real estate agency relationships as specified in Chapter 5-20.6 as a disciplinary ground. Source basis: Rhode Island Department of State official regulation 230-RICR-30-20-2 §§ 2.14, 2.22, and R.I. Gen. Laws §§ 5-20.5-14 and 5-20.6; checked 2026-04-30.

Answer Options
A
The licensee may wait until closing to disclose the issue.
B
Disclosure is needed only if the other party asks a direct question.
C
Verbal disclosure is always enough.
D
Failure to provide the agency relationship disclosure specified in Chapter 5-20.6 is sanctionable

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Related Topics & Key Terms

Related Topics:

ri.IIIagency-disclosure

Key Terms:

rhode_islandri.IIIagency-disclosureagency-relationship-disclosure
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