Agency
In Alaska, the agency disclosure form must be provided to a consumer:
AOnly at closing
BAt or before the first substantive contact with the consumer✓ Correct
COnly if the consumer requests it in writing
DAfter the purchase agreement is signed
Explanation
Alaska's agency disclosure requirements mandate that licensees provide the agency disclosure form to consumers at or before the first substantive discussion about real estate (buying, selling, renting, etc.). This ensures consumers understand the agent's role before engaging in substantive negotiations.
Related Alaska Agency Questions
- Under Alaska law, when must a licensee provide the agency disclosure?
- Which of the following actions would terminate an agency relationship in Alaska by operation of law?
- A buyer's agent who fails to present an offer to the seller's agent because they believe it is 'too low' is:
- In Alaska, a real estate agent acting as a 'facilitator' (non-agent) primarily differs from an agent because the facilitator:
- A buyer's agent in Alaska negotiates a lower price for the buyer. The agent's commission is based on the sale price. If a lower price means less commission, this creates a potential:
- The duty of 'loyalty' in an Alaska agency relationship primarily means:
- An agent who exceeds the scope of authority granted by the principal is acting with:
- When a seller's broker represents the seller and the buyer is unrepresented, the broker owes the buyer:
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