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AgencyGeneralEASY

The Illinois Real Estate License Act requires licensees to provide agency disclosure:

Correct Answer

B) At first substantive contact

Illinois law requires agency disclosure at first substantive contact, which is when a licensee begins discussing specific property information or a client's specific needs.

Answer Options
A
Only at closing
B
At first substantive contact
C
Only if requested
D
Only to buyers
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Related Topics & Key Terms

Related Topics:

agency-relationships-typesdisclosure-requirements-real-estateillinois-real-estate-license-act

Key Terms:

first substantive contactIllinois Real Estate License Actagency disclosure225 ILCS 454disclosure timing
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