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Pa Agency Consumer NoticeConsumer_notice_requirementHARD

A Pennsylvania brokerage's policy states that the Consumer Notice should be mailed to prospective clients after the first meeting rather than provided during the meeting itself. An agent at the brokerage follows this policy and mails the Consumer Notice to a buyer the day after their first substantive discussion about the buyer's needs. Under RELA, is this practice compliant?

Correct Answer

B) No, because the Consumer Notice must be provided at the initial interview, not after it

Under 63 P.S. §455.606, the Consumer Notice must be provided 'at the initial interview.' Mailing it after the meeting does not satisfy the statutory timing requirement. The brokerage policy conflicts with RELA, and RELA takes precedence.

Answer Options
A
Yes, because the Consumer Notice was provided within 24 hours of the initial meeting
B
No, because the Consumer Notice must be provided at the initial interview, not after it
C
Yes, because brokerage policies supersede RELA requirements as long as the notice is provided
D
No, because the Consumer Notice must be provided at least 72 hours before the initial interview

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Related Topics & Key Terms

Key Terms:

consumer_noticetimingbrokerage_policyRELA_compliance

Related Concepts

An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.

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.

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