Agency
When must a California real estate agent provide the 'Disclosure Regarding Real Estate Agency Relationships' form?
AOnly at closing
BAs soon as practicable before the buyer signs an offer or the seller signs a listing agreement✓ Correct
CWithin 3 days of first contact
DOnly when requested by the client
Explanation
California law (Civil Code 2079.14) requires agents to provide the Agency Disclosure form as soon as practicable before a buyer signs a purchase offer or a seller signs a listing agreement.
Related California Agency Questions
- The duty of 'accounting' in a fiduciary relationship requires an agent to:
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- What is 'ratification' in the context of agency law?
- Under California law, a real estate broker who manages property for clients must maintain a separate trust account for client funds. Mixing client funds with the broker's personal funds is called:
- What is 'agency by estoppel'?
- Which of the following actions would be a violation of an agent's duty of loyalty?
- Under California law, which document is used to confirm the agency relationship in a residential real estate transaction?
- In California, which form confirms the agency relationship at the time a purchase agreement is executed?
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