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Licensee Karen receives a phone call from a potential buyer who asks about a specific listed property's price and square footage. Under Ohio law, does this phone call trigger the agency disclosure requirement?

Correct Answer

D) No, because providing basic property information such as price and square footage is not considered substantive contact

Under Ohio law, providing basic factual information (price, square footage, location) does not constitute substantive contact. The agency disclosure is triggered when discussions move to the buyer's specific needs, motivations, or financial situation.

Answer Options
A
Yes, but only if the caller provides their full legal name first
B
Yes, because any communication about a property requires immediate disclosure
C
No, because agency disclosures are only required for in-person meetings
D
No, because providing basic property information such as price and square footage is not considered substantive contact

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Related Topics & Key Terms

Key Terms:

substantive_contactphone_callbasic_informationagency_disclosureORC_4735
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