Under California Civil Code Section 2079.14, when must the selling agent (buyer's agent) provide the agency disclosure form to the buyer?
Correct Answer
C) As soon as practicable prior to the buyer executing an offer to purchase
Civil Code Section 2079.14 sets the delivery deadlines for the Disclosure Regarding Real Estate Agency Relationships form, whose text is prescribed by Section 2079.16. The selling agent must give the form to the buyer as soon as practicable before the buyer executes an offer to purchase, so the buyer understands who represents whom before becoming contractually committed. The separate confirmation of which party each agent represents is handled later, in the purchase agreement, under Section 2079.17.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
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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