Final answer:
When changing to a transaction agent, the needed document to be signed is Option 2: A Transition to Transaction Agent Notice. The primary role of this document is to signify the transition from a specific role to a neutral one, thereby promoting fairness and transparency.
Step-by-step explanation:
When transitioning to a transaction agent in a real estate context, the document that is required to be signed is Option 2: A Transition to Transaction Agent Notice. This Notice serves to inform all parties involved in a transaction that the real estate agent is moving from a specific role (like representing only the buyer or the seller) to a neutral role, i.e., the transaction agent who facilitates the transaction without favoring any one party. It's important to note that this document is legal and its purpose is to ensure transparency and avoidance of any conflict of interests.
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