Agency
Kentucky law requires agency disclosure to be made to a buyer by the listing agent:
AOnly at closing
BAt the first substantive contact related to a specific property✓ Correct
COnly after the buyer makes an offer
DWhen the buyer asks about representation
Explanation
Kentucky requires agency disclosure at the first substantive contact with a buyer (or seller). This means informing the buyer at the beginning of the relationship — typically when they begin discussing a specific property or before providing significant assistance.
Related Kentucky Agency Questions
- In Kentucky, when a listing agent shows a property to an unrepresented buyer, the agent owes the buyer:
- A Kentucky seller cancels the listing agreement without cause before the listing expires. If the seller subsequently sells the property, the listing broker:
- In Kentucky, a seller's listing agent who helps the buyer complete forms at the request of the buyer is providing:
- A Kentucky buyer's agent has a fiduciary duty to maintain confidentiality. This means the agent must NOT disclose to the seller that the buyer:
- A Kentucky real estate licensee acting as a transaction broker is NOT required to:
- A Kentucky agent shows a listed property to a buyer and accepts an offer. During negotiations, the agent learns that the seller is desperate to sell and will accept far less than asking price. The agent should:
- A Kentucky real estate agent who acts as a sub-agent of the listing broker owes primary fiduciary duties to:
- Under Kentucky law, a seller's agent who discovers after the listing agreement is signed that the seller is engaged in mortgage fraud should:
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