In Washington State, the agency disclosure pamphlet required under RCW 18.86 is intended to inform consumers of which of the following?
Correct Answer
B) The different types of agency relationships available and the duties owed in each
The agency disclosure pamphlet required by RCW 18.86.030 is designed to inform buyers and sellers about the different types of agency relationships that can exist in a real estate transaction (seller's agent, buyer's agent, dual agent) and the specific duties owed to clients versus customers under Washington's statutory agency framework.
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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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