Salesperson Priya represents seller Mr. Goldstein in the sale of his home in Newton. Buyer's agent Carlos brings his client, Ms. Park, to tour the property. Carlos has already provided Ms. Park with the Massachusetts agency disclosure form at their first meeting. Must Priya also provide Ms. Park with an agency disclosure form during the showing?
Correct Answer
A) Yes, Priya must provide Ms. Park with a disclosure form because this is Priya's first personal meeting with Ms. Park to discuss the specific property
Under 254 CMR 3.00, each licensee has an independent obligation to provide the written agency disclosure form at the first personal meeting to discuss a specific property. Priya's meeting with Ms. Park at the showing is Priya's first personal meeting with Ms. Park about this specific property, triggering Priya's own disclosure obligation. The fact that Carlos has already provided his disclosure does not relieve Priya of her separate duty.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
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