When must a transaction broker disclosure be provided to a customer?
Correct Answer
B) Before or at the time of entering into a listing agreement or an agreement for representation
Transaction broker disclosure must be provided before or at the time of entering into a listing agreement or agreement for representation. Waiting until closing is too late. There is no 24-hour rule for this disclosure. The disclosure is required regardless of customer request.
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More Authorized Relationships Disclosures Questions
Consent to transition from single agent to transaction broker in Florida must be:
In Florida, the default brokerage relationship when no disclosure is made is:
A Florida licensee working with a customer in a no brokerage relationship:
Agent Rodriguez discovers that a property has had previous termite damage that was repaired. The seller instructs Rodriguez not to disclose this information to potential buyers. What should Rodriguez do?
Which brokerage relationship is presumed in Florida unless otherwise disclosed?
- → A Florida single agent must provide which disclosure?
- → Which duty is NOT owed by a Florida transaction broker?
- → A Florida single agent owes the principal all duties EXCEPT:
- → A Florida transaction broker owes limited confidentiality. This means:
- → Florida requires brokerage relationship disclosure be provided:
- → In Florida, a transaction broker:
- → In Florida, the disclosure of brokerage relationship must be made:
- → In Florida, dual agency is:
- → Agent Lisa is working with buyer clients to purchase a waterfront property. All of the following disclosure requirements apply in Florida EXCEPT:
- → According to Florida law, when must a real estate licensee provide brokerage relationship disclosure to a customer?
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Previous Question
A real estate licensee is working with both the buyer and seller in a transaction without representing either party's interests. The licensee provides limited representation by facilitating the transaction and providing assistance with paperwork. What type of brokerage relationship is this?
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All of the following are duties of a transaction broker EXCEPT:
