Agency
Under California law, which document is used to confirm the agency relationship in a residential real estate transaction?
AListing Agreement
BDisclosure Regarding Real Estate Agency Relationships (AD form)✓ Correct
CTransfer Disclosure Statement
DBuyer Representation Agreement
Explanation
The Disclosure Regarding Real Estate Agency Relationships (C.A.R. Form AD) is the mandatory form that explains agency relationships and must be provided and signed to confirm representation in California residential transactions.
Related California Agency Questions
- What does it mean when an agent has 'apparent authority' to bind a principal?
- Which of the following is a fiduciary duty owed by a California listing broker to the seller?
- What is 'ratification' as it applies to agency?
- What is a 'buyer representation agreement' and what does it accomplish?
- A listing agreement that automatically renews unless cancelled is called a(n):
- In a transaction where both the buyer and seller are represented by agents from the same brokerage, this is called:
- In a 'single agency' arrangement, the agent represents:
- Which of the following is an example of 'puffing'?
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