Question

At what time must a licensee first secure an informed consent to dual agency?

A. before the buyer makes an offer and the seller accepts

B. before showing a company listing to a buyer client

C. in the contract of sale

D. at the time of closing
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Answer 1

Answer:

. Where an office manager has such an individual affiliation, the manager and all licensees working under his or her supervision must provide the disclosure to all buyers referred to the affiliate by that office.

2. Where a referral agent, a salesperson or a broker- salesperson has such an individual affiliation, he or she must provide the disclosure to all buyers he or she refers to the affiliate.