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Under Illinois law, when must a dual agency disclosure be presented to a client, and when must it be signed?

Correct Answer

A) It must be presented when the brokerage agreement is entered into, but the client may sign it any time before the licensee actually begins acting as a dual agent.

Under the Illinois Real Estate License Act, the dual agency disclosure must be presented to the client at the time the brokerage agreement is entered into. However, the client's signature is not required at that exact moment — it must be obtained before the licensee actually begins functioning as a dual agent. This two-stage rule separates the timing of presentation from the timing of consent.

Answer Options
A
It must be presented when the brokerage agreement is entered into, but the client may sign it any time before the licensee actually begins acting as a dual agent.
B
It must be presented and signed simultaneously at the time the purchase contract is executed by both parties.
C
It must be presented at the first showing of the property and signed before any subsequent showings occur.
D
It must be presented and signed only after the licensee has identified a specific conflict of interest between the two clients.

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agencyagency_disclosures_and_compensation_policy_noticesdefinitiondifficulty_4disclosure_requirementsdisclosure_timingdual_agencyillinois_state
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