Agency
In Colorado, the 'Definitions of Working Relationships' form must be provided:
AOnly at the time of contract execution
BAt the first substantial contact with a prospective buyer or seller✓ Correct
COnly after the broker has been retained
DAt closing as part of the settlement documents
Explanation
Colorado law requires brokers to provide the 'Definitions of Working Relationships' disclosure at the first substantial contact with a prospective buyer or seller. This ensures consumers understand the type of agency relationship before they share sensitive information.
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