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AgencyDisclosure_requirementsMEDIUM

SC agency disclosure must be provided:

Correct Answer

B) At the first practical opportunity before providing real estate brokerage services

South Carolina requires agency disclosure at the first practical opportunity.

Answer Options
A
At closing
B
At the first practical opportunity before providing real estate brokerage services
C
Within 30 days
D
Only if asked

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Related Topics & Key Terms

Related Topics:

Disclosure of Real Estate Brokerage Relationships ActAgency relationship dutiesDual agency consentDesignated agency

Key Terms:

agency disclosurefirst practical opportunitybrokerage relationshipsdisclosure formSC Disclosure Act

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.

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