Massachusetts License Law
A Massachusetts real estate licensee represents a client in a transaction where the licensee has a personal interest (such as buying property for themselves). The licensee must:
AProceed without disclosure as it is not relevant
BDisclose the personal interest in writing to all parties✓ Correct
CHave the client sign a standard disclaimer
DNotify only the Board of Registration
Explanation
Massachusetts licensees must disclose any personal interest in a transaction in writing to all parties. Failure to disclose conflicts of interest can constitute fraud and grounds for license discipline.
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