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AgencyDisclosure_requirementsMEDIUM

New Hampshire broker Kim lists a residential property for seller Dan. Buyer's agent Steve brings his client, Mia, to view the property. Steve has already provided Mia with the Agency Disclosure Form identifying him as her buyer's agent. When Kim meets Mia at the property, what agency disclosure obligation does Kim have toward Mia?

Correct Answer

D) Kim must provide Mia with a separate Agency Disclosure Form identifying Kim as the seller's agent

Under RSA 331-A:25-b, each licensee has an independent obligation to disclose their own agency relationship to all parties. Even though Steve has disclosed his buyer's agent role to Mia, Kim must separately provide Mia with the Agency Disclosure Form identifying Kim as the seller's agent. This ensures Mia clearly understands that Kim's fiduciary duties run to the seller, Dan.

Answer Options
A
Kim has no disclosure obligation because Steve has already handled agency disclosure for Mia
B
Kim must provide Mia with the Residential Property Disclosure Form before the showing begins
C
Kim must ask Mia to sign a waiver acknowledging that Kim represents the seller, not the buyer
D
Kim must provide Mia with a separate Agency Disclosure Form identifying Kim as the seller's agent

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Related Topics & Key Terms

Key Terms:

independent disclosure obligationAgency Disclosure Formseller's agentRSA 331-A:25-blisting agent disclosure

Related Concepts

The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.

The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.

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.

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