Agency
In New York, the agency disclosure form (required under Real Property Law § 443) must be presented to a buyer or seller:
AAt closing
BAt the time of signing a listing agreement or purchase offer
CPrior to the first substantive contact with the prospective client✓ Correct
DOnly when dual agency is contemplated
Explanation
New York Real Property Law § 443 requires that the agency disclosure form be presented to the buyer or seller at the first substantive contact — which means before substantive discussion of the property or transaction. The purpose is to ensure the consumer understands who the agent represents.
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