A California listing agent delivers the required agency disclosure form to the seller before taking the listing, but does not obtain the seller's signature acknowledging receipt. The listing agreement is signed and the property is marketed. What is the most accurate legal consequence under California law?
Correct Answer
B) A technical violation; the listing remains valid and the signature should be obtained promptly
Civil Code § 2079.14 does not stop at delivery: the agent who provides the agency disclosure form must also obtain a signed acknowledgment of receipt, and § 2079.15 supplies the substitute only where the party refuses to sign, in the form of a signed declaration of the facts of the refusal. An unsigned form is therefore a genuine statutory violation the Department of Real Estate can act on, not merely a thin file. What it is not is a defect in the contract: the validity of the listing, and of any transaction under it, does not turn on the receipt signature, so the cure is to obtain the signature, or the declaration of refusal, as soon as practicable.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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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