Sarah, a real estate salesperson in New York, receives a phone call from a potential buyer who wants to schedule a showing for a property listed by another brokerage. When must Sarah provide the agency disclosure form to this potential buyer under NY Real Property Law §443?
Correct Answer
D) At the first substantive contact about a specific property
Under NY Real Property Law §443, the agency disclosure form must be provided at the first substantive contact between a licensee and a consumer about a specific property. This phone call about scheduling a showing constitutes substantive contact.
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Which of the following most accurately describes the content required in the agency disclosure form under NY Real Property Law §443?
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Agent Michelle meets first-time homebuyer Tony at her brokerage's office in Albany. Tony asks about the difference between condos and co-ops in the area. What must Michelle do before explaining these property types?
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Under New York Real Property Law §443, when must a listing agent provide the agency disclosure form to a prospective buyer visiting an open house?