Agency
Under Wyoming law, a real estate licensee must disclose their agency status to all parties:
AOnly at closing
BBefore the first substantive contact or at first contact✓ Correct
COnly when a representation agreement is signed
DOnly after the offer is submitted
Explanation
Wyoming requires licensees to disclose their agency status and the nature of the agency relationship before or at the first substantive contact with a buyer or seller.
Related Wyoming Agency Questions
- When does a seller's agency relationship typically terminate in Wyoming?
- A Wyoming real estate agent working as a transaction broker owes the parties:
- A Wyoming licensee who is also the buyer in a transaction where they are the listing agent must:
- Under Wyoming law, a designated agency arrangement means:
- Dual agency in Wyoming is:
- A Wyoming listing agent who learns the seller is in financial distress and must sell quickly should:
- A Wyoming agent who represents a seller in a short sale transaction (where the sale price is less than the mortgage balance) must disclose to the buyer that:
- A Wyoming property manager who handles tenant security deposits is acting in which type of agency capacity?
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