Agency
Under Louisiana law, a real estate agent must present a written agency disclosure to a prospective buyer or seller:
AOnly when the parties request it
BAt the first substantive contact in which the licensee provides specific assistance or information about a particular property✓ Correct
COnly at the time of making or receiving an offer
DOnly when entering a formal agency agreement
Explanation
Louisiana requires real estate licensees to provide written agency disclosure at the first substantive contact — when meaningful, property-specific assistance is provided. This discloses whether the licensee represents the seller, buyer, or is acting as an intermediary.
Related Louisiana Agency Questions
- A subagent in real estate is an agent who:
- In Louisiana, a listing broker who represents a seller in a transaction where no buyer's broker is involved owes which duties to the unrepresented buyer?
- In Louisiana, a designated agency arrangement means:
- A listing broker has a fiduciary duty to the seller that includes:
- A Louisiana licensee who advises their buyer-client to submit a 'best and final offer' in a multiple offer situation is:
- In Louisiana, a real estate team member who is not licensed may NOT:
- Under Louisiana law, which of the following would create an agency relationship by estoppel?
- In Louisiana, an agency relationship may be created by all of the following EXCEPT:
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