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Section 10 · Regulation, Ethics, Misrepresentation

10.10 Agency Disclosure Law

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The listing and selling brokers must orally inform the buyer and seller and in writing using the Agency Disclosure form whether they are acting exclusively as agents of the buyer, exclusively as agents of the seller, or representing both seller and buyer as a dual agent. The purpose of this oral disclosure is to inform either the buyer or seller who the agent intends to represent.