In Ohio, the Agency Disclosure Statement must be provided:
Question & Answer
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Only at closing
Providing the Agency Disclosure Statement only at closing would be too late in the transaction process. Clients need to understand agency relationships upfront to make informed decisions about representation and confidentiality.
At the first substantive contact
Only to buyers
Ohio law requires agency disclosure to all parties, not just buyers. Providing it only to buyers violates fair housing principles and fails to properly inform sellers about their agency options.
After the contract is signed
Providing disclosure after the contract is signed comes too late in the process. Clients need to understand agency relationships before entering into binding agreements or sharing confidential information.
Why is this correct?
Ohio law mandates that the Agency Disclosure Statement must be provided at the first substantive contact with a prospective client. This ensures transparency from the beginning of the professional relationship, allowing clients to understand agency representation before sharing confidential information or making significant decisions.
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