In April 2026, Hayden Patel asks when the dual-agency disclosure form must be presented to a client. What is the most accurate answer under current Illinois rules?
Correct Answer
C) It must be presented when the brokerage agreement is entered into, although the client may sign then or any time before the licensee acts as a dual agent.
Illinois ties presentation of the dual-agency disclosure form to the brokerage-agreement stage, even though signing may occur later so long as it happens before dual agency actually begins.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.
An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
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