Under North Dakota Administrative Code Title 70, which of the following scenarios would most likely constitute a violation of the agency disclosure requirements by a licensed salesperson?

Correct Answer

D) A salesperson discusses a buyer's financial qualifications and specific property needs over the phone without first providing the agency disclosure.

Under North Dakota Administrative Code Title 70, agency disclosure must be made at the first substantive contact. A phone call during which the salesperson discusses a buyer's financial qualifications and specific property needs is clearly substantive contact — it involves gathering information to assist the buyer in a real estate transaction. Failing to provide the agency disclosure before or at the time of this discussion violates the timing requirement. The salesperson cannot engage in substantive discussions about the consumer's needs and finances without first completing the required disclosure.