AgencyIntermediateCalifornia Exam

When must a listing agent provide the agency disclosure form to the seller?

AWithin 3 days of opening escrow, under standard California agency practice
BAs soon as practicable before the seller signs the listing agreementCorrect
COnly if the buyer requests dual agency, as commonly applied in brokerage relationships
DAt the time of closing, consistent with typical listing agreement terms

Why As soon as practicable before the seller signs the listing agreement Is Correct

Answer B: As soon as practicable before the seller signs the listing agreement

California law requires the listing agent to provide the agency disclosure to the seller as soon as practicable before the seller signs the listing agreement.

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.

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