Under South Carolina law, which document must a licensee use when disclosing agency relationships to consumers at first substantive contact?
Correct Answer
B) The SCREC-approved agency disclosure form
South Carolina law specifically requires that licensees use the SCREC-approved agency disclosure form when disclosing agency relationships to consumers. The use of the commission-approved form is mandatory — licensees cannot substitute their own brokerage-created forms, NAR forms, or other documents. This requirement is established under S.C. Code Ann. § 40-57-370 and SCREC regulations to ensure consumers receive consistent, standardized information about agency relationships.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
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