Disclosures
Disclosure of Representation – Real estate broker who represents a seller or buyer in any real estate transaction must disclose the identity of his/her client to any party to the transaction who is NOT represented by another real estate broker.[1]
Broker Subagency – Real estate broker cannot make a unilateral offer of subagency for the sale or purchase of real property without written consent from the person they represent, containing a disclosure statement that the law imposes vicarious liability on the principal for the acts of the subagent.[2]