Under Connecticut law, when must a real estate licensee provide the required written agency disclosure form to a prospective buyer?
Correct Answer
B) At the first substantive contact with the prospective buyer
CGS § 20-325c requires Connecticut licensees to provide the written agency disclosure form at the first substantive contact with a prospective buyer or seller. 'First substantive contact' is defined as the point at which meaningful discussion about a specific property or the buyer's needs begins, which occurs before showings, offers, or contracts.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
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