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According to the Texas Real Estate License Act, when must the written statement providing the Information about Brokerage Services be provided?

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Final answer:

The Information about Brokerage Services must be provided at the first substantive dialogue about a specific property, as required by the Texas Real Estate License Act, ensuring parties are aware of broker representation options.

Step-by-step explanation:

According to the Texas Real Estate License Act, the written statement providing the Information about Brokerage Services must be presented to a party at the first substantive dialogue about a specific property. This typically means the first face-to-face meeting where a specific property is discussed, but it also applies if the conversation is conducted over the phone or via electronic communication if the discussion involves a specific property. The purpose of this requirement is to ensure that all parties are fully informed about the types of representation available and the duties of a broker before proceeding with any real estate transaction in Texas.

User Inon Peled
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