Vermont law requires agency disclosure at:
Correct Answer
B) The first substantive contact with a prospective buyer or seller
Vermont requires that agency relationships be disclosed at the first substantive contact with a buyer or seller, ensuring parties understand the agent's role before meaningful real estate discussions begin.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
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.
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