Agency
Pennsylvania's Consumer Notice must be provided to a consumer by a licensee:
AOnly at closing
BAt the first contact with a potential buyer or seller before any real estate services are provided✓ Correct
COnly when a representation agreement is signed
DOnly when showing the first property
Explanation
Pennsylvania law requires licensees to provide the Consumer Notice to prospective buyers or sellers at the first contact, before any real estate services are provided. This form discloses the different types of agency available in Pennsylvania.
Related Pennsylvania Agency Questions
- Which of the following is an example of an agent's duty of 'reasonable care and diligence'?
- A buyer's agent discovers that the property has a material defect not disclosed by the seller. The agent should:
- If a Pennsylvania listing broker and buyer's broker are from the same company, this is most accurately described as:
- A Pennsylvania buyer's agent who learns their buyer is willing to pay significantly more than the asking price must:
- Dual agency in Pennsylvania requires:
- Which of the following is NOT a fiduciary duty owed by a seller's agent to the seller?
- Pennsylvania allows 'dual agency' — representing both buyer and seller in the same transaction — only if:
- A Pennsylvania sub-agency arrangement means:
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