Under New Hampshire law, when must a real estate licensee first disclose their agency relationship to a prospective buyer or seller?
Correct Answer
D) At the first substantive contact with the prospective client
RSA 331-A:25-b requires New Hampshire licensees to disclose their agency relationship at the time of 'first substantive contact' with a prospective buyer or seller. This is the specific statutory trigger in NH, and it occurs before any showing, offer, or contract.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
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.
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