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In Louisiana, the agency disclosure form provided to buyers and sellers at first substantive contact must be provided by whom?

Correct Answer

C) The licensee conducting the first substantive contact with the buyer or seller

Under Louisiana law and LREC regulations (La. R.S. 37:1467), the agency disclosure form must be provided by the individual licensee who is conducting the first substantive contact with the prospective buyer or seller. This is the salesperson or broker who is actually meeting with or communicating with the consumer at that moment — not a third party, not the broker acting remotely, and not an administrative body.

Answer Options
A
The supervising broker only, not the individual salesperson
B
The title company handling the closing
C
The licensee conducting the first substantive contact with the buyer or seller
D
The Louisiana Real Estate Commission directly to the consumer

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Related Topics & Key Terms

Key Terms:

agency_disclosurefirst_substantive_contactlrec_ruleslicensee_obligations

Related Concepts

The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.

An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.

An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.

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