Under Alaska agency law, when must a licensee provide the agency disclosure to a potential buyer?
Why At the first substantial contact with the potential client Is Correct
Answer C: At the first substantial contact with the potential client
Exam Tip: Agency
Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.
Key Agency Terms in This Question
People Also Study
Related Alaska Questions
- Alaska requires licensees to provide a written agency disclosure to clients:Alaska License Law
- Under Alaska law, when must a licensee provide the agency disclosure?Agency
- When must an Alaska licensee present a written disclosure of agency to a client in a residential transaction?Agency
- In Alaska, which of the following requires a licensee to provide a written agency disclosure to a consumer?Alaska License Law
- In Alaska, a 'facilitator' agency disclosure means the licensee:Agency
- Under Alaska agency law, which type of agency relationship requires written disclosure and consent from both parties?Agency
- When an Alaska licensee represents a client, the broker is responsible for the licensee's actions because of the legal doctrine of:Alaska License Law
- An Alaska real estate licensee's duty of 'timely disclosure' requires them to:Alaska License Law
Key Terms to Know
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Study This Topic
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →