Under Oklahoma's agency disclosure requirements, when must a licensee provide the written agency disclosure to a prospective buyer who is being shown a listed property for the first time?
Correct Answer
A) Before or at the first substantive contact with the prospective buyer
Oklahoma law requires that licensees provide the written agency disclosure at or before the first substantive contact with a prospective buyer or seller. 'Substantive contact' includes showing a property, discussing price or terms, or any meaningful interaction related to a specific transaction. This timing requirement ensures that consumers understand the agency relationship before engaging in any significant discussions.
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