AgencyAgency_disclosure_pamphlet_and_timingEASY
Under Washington's Law of Real Estate Agency (RCW 18.86), when must a licensee first provide the agency disclosure pamphlet to a prospective buyer or seller?
Correct Answer
B) At the first substantive contact with the buyer or seller
RCW 18.86.030 requires a licensee to provide the agency disclosure pamphlet at the first substantive contact with a prospective buyer or seller. 'First substantive contact' means the first contact at which the licensee discusses specific real property or the buyer's or seller's needs — this obligation arises before any agreement is signed.
Answer Options
A
At the time the buyer or seller signs a representation agreementB
At the first substantive contact with the buyer or sellerC
Before an offer to purchase is submitted to the sellerD
At the time a purchase and sale agreement is fully executedWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Background Knowledge for Agency
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Related Topics & Key Terms
Key Terms:
agency_disclosurefirst_substantive_contactrcw_18_86pamphlet_timing
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