Agency
In New York, the agency disclosure form must be provided to a buyer or seller:
AOnly at closing
BAt the first substantive contact with the client✓ Correct
CAfter the contract is signed
DOnly if the licensee is acting as a buyer's agent
Explanation
New York requires licensees to provide the Agency Disclosure Form at the first substantive contact with a prospective buyer or seller and obtain their acknowledgment.
Related New York Agency Questions
- Which of the following would create an 'implied agency' in a New York real estate transaction?
- In New York, a buyer's agent is created when:
- In New York, a 'transaction broker' (non-agent facilitator) differs from a buyer's or seller's agent in that they:
- A seller's agent discovers a material defect in the property the seller has not disclosed. The agent should:
- The duty of 'obedience' in a New York agency relationship requires the agent to:
- Which fiduciary duty requires a seller's agent to keep the seller's motivation for selling confidential?
- An agency relationship is automatically terminated when:
- In New York, when a listing agent shows their own listing to a buyer, the agent typically becomes a:
Practice More New York Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New York Quiz →