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There is no disclosure requirement when entering into a:

a. no brokerage relationship
b. single agency relationship
c. transaction broker relationship
d. dual agency relationship

1 Answer

1 vote

Final answer:

In real estate transactions, there is typically no disclosure requirement when entering into a a. no brokerage relationship, as opposed to other types of relationships like single agency, transaction broker, or dual agency, where disclosure is necessary.

Step-by-step explanation:

In real estate transactions, disclosure requirements can vary depending on the type of relationship established between the real estate agent and the client. When entering into a no brokerage relationship, there is typically no disclosure requirement because the real estate agent does not represent either party in a fiduciary capacity; instead, they function as a facilitator of the transaction without providing representation or advice. On the other hand, when entering into a single agency relationship, a transaction broker relationship, or a dual agency relationship, disclosure is necessary to inform the parties of the agent's role, duties, and the rights of the client.

User Arindam Mukherjee
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