Mandated DisclosuresDual Agency DisclosureHARD
A real estate broker represents both the buyer and seller in the same transaction. When must the dual agency disclosure be provided to both parties?
Correct Answer
B) When the dual agency situation first arises and before continuing representation
Dual agency disclosure must be made immediately when the situation arises and before the broker continues to represent both parties.
Answer Options
A
Before showing the property to the buyerB
When the dual agency situation first arises and before continuing representationC
At the time of contract signingD
Within 24 hours of contract acceptanceWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Mandated Disclosures Question
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Background Knowledge for Mandated Disclosures
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Real World Application in Mandated Disclosures
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Related Topics & Key Terms
Key Terms:
dual_agencyagency_disclosuretiming
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