When must a written disclosure of agency relationships be presented to the seller?

Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Multiple Choice

When must a written disclosure of agency relationships be presented to the seller?

Explanation:
A written disclosure of agency relationships must be presented to the seller before signing the listing agreement to ensure that the seller is fully informed of their relationship and obligations with the listing agent. Presenting it after signing the agreement (option A) may be seen as deceptive and could lead to legal consequences. During the property inspection (option C) and at closing (option D) are also not the right times to present the disclosure because they occur after the initial agreement has been signed. It is important for the disclosure to be presented before any agreement is made to avoid any conflicts of interest or potential misunderstandings.

A written disclosure of agency relationships must be presented to the seller before signing the listing agreement to ensure that the seller is fully informed of their relationship and obligations with the listing agent. Presenting it after signing the agreement (option A) may be seen as deceptive and could lead to legal consequences. During the property inspection (option C) and at closing (option D) are also not the right times to present the disclosure because they occur after the initial agreement has been signed. It is important for the disclosure to be presented before any agreement is made to avoid any conflicts of interest or potential misunderstandings.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy