Agency
NH law requires real estate licensees to disclose agency relationships to all parties in a transaction. When must this disclosure first occur?
AAt the time of closing
BOnly when a buyer submits an offer
CAt the first substantive contact with a consumer✓ Correct
DWhen the listing agreement is signed
Explanation
NH law requires licensees to disclose their agency relationship (and the nature of that relationship) at the first substantive contact with a consumer—meaning when they first engage in meaningful discussion about a specific property or transaction.
Related New Hampshire Agency Questions
- The concept of 'vicarious liability' means that in New Hampshire:
- A buyer's agent in New Hampshire who discovers a material defect unknown to the seller must:
- The duty of accounting in a real estate agency relationship requires the agent to:
- Dual agency in New Hampshire occurs when:
- When a buyer's agent presents an offer to a seller's agent in New Hampshire, the seller's agent must:
- An agent who, without the client's knowledge, purchases a listing for their own account violates which fiduciary duty?
- A New Hampshire listing agent represents the seller. When a buyer without a buyer's agent contacts the listing agent, the listing agent may:
- An agent's duty of obedience requires the agent to:
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