Agency
In North Dakota, which disclosure form informs prospective clients about available agency options?
AThe Real Estate Transfer Disclosure Statement
BThe Agency Disclosure Statement✓ Correct
CThe Seller's Property Disclosure
DThe Working with Real Estate Agents brochure
Explanation
North Dakota requires licensees to provide an Agency Disclosure Statement to prospective clients that explains the agency relationships available, including seller agency, buyer agency, and transaction brokerage.
Related North Dakota Agency Questions
- A North Dakota broker may advertise properties of other brokers listed on the MLS only with:
- In North Dakota, the agency disclosure document must be provided:
- Under North Dakota law, when is a buyer considered a 'customer' rather than a 'client' of a real estate agent?
- A North Dakota buyer tells their agent they want to buy a home near a good school district. This instruction comes under the agent's duty of:
- A North Dakota real estate team leader appoints another team member to show properties to a buyer. The team leader:
- A North Dakota licensee's duty of 'obedience' to their client means:
- A North Dakota listing broker is preparing a comparative market analysis (CMA). The broker's duty is to present this information to the seller:
- In North Dakota, a buyer who is working with multiple agents without signed buyer agency agreements is considered a:
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