Agency
In Nevada, what is the 'disclosure of representation' requirement and when must it be made?
AIt must be made only at the time of closing
BNevada licensees must disclose their agency status (who they represent) to all parties at the first substantive contact, before discussing price, terms, or property-specific information✓ Correct
CDisclosure is only required when a licensee represents the seller
DDisclosure can be made verbally without any written documentation
Explanation
Nevada law requires licensees to disclose their agency relationship at first substantive contact — the moment a meaningful conversation about a specific property or transaction begins. This disclosure must be in writing (using the Nevada Disclosure of Representation in Real Estate Transactions form). It informs the other party whether the licensee represents the seller, buyer, or acts as a dual agent, enabling informed decision-making.
Related Nevada Agency Questions
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