Agency
In Arkansas, the agency disclosure form must be:
ANotarized before it is valid
BProvided in writing and signed or acknowledged by the consumer✓ Correct
CFiled with AREC within 5 business days of first contact
DIncluded in the MLS listing data
Explanation
The Arkansas agency disclosure must be in writing and provided to the consumer at first substantive contact. It should be signed or acknowledged by the consumer to document receipt.
Related Arkansas Agency Questions
- A buyer's agent is showing homes to a buyer who has told the agent they are being transferred and must move in 60 days. When negotiating, the agent should:
- A seller's listing agent discovers that the basement leaks during heavy rain. The seller asks the agent not to tell buyers. The agent should:
- In Arkansas, dual agency occurs when a broker represents:
- A buyer's agent in Arkansas owes which duty to the seller?
- The duty of 'accounting' in an agency relationship means the agent must:
- An Arkansas buyer's agent learns that their buyer client is willing to pay up to $250,000 for a property listed at $235,000. The agent:
- In a designated agency arrangement in Arkansas, the designated agents each represent:
- A transaction broker (non-agent facilitator) in Arkansas owes clients which level of duty?
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