Under California Business and Professions Code §10140.6, what must a licensee disclose on solicitation materials intended to be the first point of contact with consumers, such as a business card or an open house sign?
Correct Answer
D) The licensee's name, license identification number, and the responsible broker's identity
Business and Professions Code §10140.6(b)(1) requires a licensee to disclose their name, their license identification number, and the responsible broker's identity on all solicitation materials intended to be the first point of contact with consumers, and on real property purchase agreements when acting as agent in the transaction. The statute defines solicitation materials broadly, reaching business cards, letterhead, flyers, print and electronic advertising, and for sale, for lease, open house and directional signs. The purpose is to let a consumer trace an unfamiliar approach back to a specific licensee and to the broker answerable for that licensee's conduct.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
More Laws Of Agency Fiduciary Duties Questions
Under California law, the agency disclosure requirements apply to which types of property?
Under California law, when must a buyer's agent give the agency disclosure form to the buyer?
A broker who fails to promptly disclose their dual agency status is subject to:
A broker’s fiduciary obligation to protect a seller’s confidential information continues:
A broker has an exclusive agency listing on a property. If the owner sells the property, the broker is entitled to:
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