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Under Massachusetts regulations (254 CMR 3.00), when must a real estate licensee provide the mandatory written agency disclosure form to a consumer?

Correct Answer

A) At the first personal meeting to discuss a specific property

Under 254 CMR 3.00, Massachusetts requires licensees to provide the written agency disclosure form at the first personal meeting to discuss a specific property. This timing requirement is mandatory and specific to Massachusetts regulations — the disclosure must occur at that initial meeting, not later in the transaction.

Answer Options
A
At the first personal meeting to discuss a specific property
B
At the time the consumer signs a purchase and sale agreement
C
At the time the listing agreement is signed by the seller
D
Before the licensee submits any offer on behalf of the consumer

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Related Topics & Key Terms

Key Terms:

agency_disclosure254_CMR_3timing_requirementmandatory_disclosure

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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