Agency
In Missouri, the agency disclosure form must be provided at the first 'substantive contact.' This term means when:
AThe agent shows the buyer a property
BThe agent discusses matters concerning specific properties or transactions with a consumer✓ Correct
CThe agent calls to schedule an appointment
DThe agent signs a listing agreement
Explanation
Substantive contact occurs when an agent and consumer begin discussing specific properties, price, terms, or other transaction-specific matters that could lead to an agency relationship.
Related Missouri Agency Questions
- In Missouri, a listing broker's duty to disclose the seller's listed property defects to prospective buyers comes from:
- An implied agency in Missouri can be created by:
- The fiduciary duty of 'loyalty' in Missouri agency means the agent must:
- A net listing in Missouri is one in which the broker's commission is:
- The NAR Code of Ethics requires Missouri REALTORS® to put clients' interests above their own. This aligns with the fiduciary duty of:
- In Missouri, material facts that a seller's agent must disclose to buyers include:
- The fiduciary duty of 'accounting' in a Missouri agency relationship requires the agent to:
- Missouri's agency disclosure law requires a licensee to provide a written disclosure:
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