Agency
Under California law, a real estate licensee acting as an agent must provide the Agency Disclosure form to all parties:
AOnly at closing
BAs soon as practicable before the purchase agreement is signed✓ Correct
CWithin 3 days of opening escrow
DOnly if representing the buyer
Explanation
California Civil Code requires the agency disclosure (AD form) to be provided as soon as practicable before the purchase agreement is signed. This ensures all parties understand the agency relationships involved.
Related California Agency Questions
- What must a buyer's agent disclose to their client about a property?
- Which fiduciary duty requires an agent to use the skills and knowledge expected of a competent real estate professional?
- In an exclusive right-to-sell listing, the broker earns a commission if:
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- When may a California real estate licensee act as a principal (buying or selling for themselves) rather than as an agent?
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