Agency
Oklahoma's brokerage disclosure requirements are triggered:
AOnly when a buyer makes a written offer
BAt the first substantive contact between a licensee and a consumer regarding a specific property or service✓ Correct
COnly after a listing agreement is signed
DWhen a consumer requests disclosure in writing
Explanation
Oklahoma requires brokerage relationship disclosure at or before the first substantive contact about a specific property. This ensures consumers understand who the agent represents before they share confidential information.
Related Oklahoma Agency Questions
- An Oklahoma listing agent tells a buyer that the property has 'no known defects' without personally inspecting or verifying this statement. This could be:
- Which of the following would terminate an agency relationship in Oklahoma?
- Under Oklahoma's agency law, a licensee has a duty of 'skill, care, and diligence' that requires:
- The fiduciary duty of 'accounting' requires an Oklahoma agent to:
- Oklahoma law requires that all listing agreements be:
- In Oklahoma, when an agent represents the seller, the agent should NOT:
- An Oklahoma real estate licensee who discloses a seller's confidential information — such as the minimum price the seller will accept — to a buyer without authorization is:
- When an Oklahoma real estate agent represents both the buyer and seller in the same transaction (dual agency), they must:
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