Agency Relationships and Disclosures Practice Question
Question
A first-time buyer asks for exam-focused clarification involving agency disclosure timing. Which response best protects the client and keeps the transaction compliant? (Item 124)
Answer choices
- A. It allows a salesperson to act independently of the responsible broker.
- B. It shifts all responsibility to escrow and eliminates the broker’s duties.
- C. It makes oral promises enforceable in every real estate transaction.
- D. Provide required agency relationship disclosures at the proper point in a residential transaction.
Correct Answer
D. Provide required agency relationship disclosures at the proper point in a residential transaction.
Explanation
The correct answer is D because agency disclosure timing requires candidates to provide required agency relationship disclosures at the proper point in a residential transaction. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: medium
- Domain: Agency Relationships and Disclosures
- Objective: agency disclosure timing