Under Ohio's agency disclosure requirements, which of the following situations does NOT require providing the Consumer Guide to Agency Relationships?
Correct Answer
A) A licensee responds to an online inquiry by sending only the MLS listing sheet with property details
Sending a factual MLS listing sheet in response to an inquiry is not substantive contact. It is providing basic property information without discussing the consumer's specific needs, motivations, or financial situation.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The legal ending of an agency relationship, which can occur through completion, expiration, mutual agreement, breach, death, incapacity, or bankruptcy of either party.
The fiduciary obligation to protect a client's private information and not disclose it to third parties without permission, surviving even after the agency relationship ends.
In real estate, a client is someone to whom the agent owes fiduciary duties through an agency relationship, while a customer is a third party to whom the agent owes only honesty and fair dealing.
More Oh Agency Questions
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Under Ohio law, an agency relationship in real estate is created by:
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Under Ohio law, the Consumer Guide to Agency Relationships must be provided in what format?
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A licensee presents the Consumer Guide to Agency Relationships to a prospective buyer, but the buyer declines to sign the acknowledgment. Under Ohio law, what is the licensee's required course of action?