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In Virginia, the Disclosure of Brokerage Relationship must be provided:

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Question & Answer

Review the question and all answer choices

A

At closing

B

At the time of first substantive contact

Correct Answer
C

Only if requested

D

After contract signing

Providing the disclosure after contract signing is too late, as the client needs to understand the agency relationship before entering into negotiations or making decisions that could be influenced by their agent's duties.

Why is this correct?

Virginia law specifically requires the Disclosure of Brokerage Relationship to be provided at the time of first substantive contact with a prospective client. This ensures transparency about the agency relationship before any substantive discussions about properties or negotiations begin.

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