Agency Relationships and Disclosures Practice Question
Question
An escrow officer requests clarification from the broker involving agency disclosure timing. Which response best protects the client and keeps the transaction compliant? (Item 64)
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