Agency
Pennsylvania's Consumer Notice requires disclosure of which agency relationships?
AOnly seller's agency relationships
BAll potential agency relationships: seller's agent, buyer's agent, dual agent, designated agent, and transaction licensee✓ Correct
COnly when the licensee is acting as a dual agent
DOnly buyer's agency and transaction licensee relationships
Explanation
The Pennsylvania Consumer Notice explains all possible agency relationship types: seller's agent (working for the seller), buyer's agent (working for the buyer), dual agent (working for both), designated agent (one agent within the brokerage for each party), and transaction licensee (facilitating without representing either party).
Related Pennsylvania Agency Questions
- A seller instructs their listing agent not to disclose that the basement floods during heavy rain. What should the Pennsylvania licensee do?
- A Pennsylvania designated agency arrangement is most appropriate when:
- What is 'estoppel' as it applies to a Pennsylvania real estate agent's representations?
- Pennsylvania's Consumer Notice was created to address which consumer protection concern?
- In Pennsylvania, what document must a licensee provide to a consumer at the first substantive contact?
- Designated agency in Pennsylvania means:
- When does a Pennsylvania listing agent show the seller's property to a buyer who has not signed a buyer agency agreement, what disclosure must the agent provide?
- In Pennsylvania, a listing agreement is a contract between:
Practice More Pennsylvania Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Pennsylvania Quiz →