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In Georgia, the Brokerage Relationships in Real Estate Transactions Act (BRRETA) requires:

Correct Answer

B) Written disclosure of brokerage relationships

BRRETA requires written disclosure of brokerage relationships to all parties in a real estate transaction.

Answer Options
A
Oral agency disclosure only
B
Written disclosure of brokerage relationships
C
No disclosure requirements
D
Disclosure only to buyers
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Related Topics & Key Terms

Related Topics:

agency-relationships-in-real-estatefiduciary-duties-of-real-estate-agentsdisclosure-requirements-in-real-estate-transactions

Key Terms:

BRRETAbrokerage relationship disclosureO.C.G.A. § 10-6Awritten disclosureGeorgia agency law

Related Concepts

An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.

A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.

An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.

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