EstatePass
Authorized Relationships DisclosuresTransaction_brokerEASY

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.

Answer Options
A
At closing
B
Before or at the time of entering into a listing agreement or an agreement for representation
C
Within 24 hours of first contact
D
Only if requested by the customer

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Authorized Relationships Disclosures Question

Sign up free to unlock full analysis

Background Knowledge for Authorized Relationships Disclosures

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Authorized Relationships Disclosures

Sign up free to unlock full analysis

Common Mistakes to Avoid on Authorized Relationships Disclosures Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

disclosure_timingtransaction_brokercustomer_disclosure
Was this explanation helpful?

More Authorized Relationships Disclosures Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing