Question: The Brokerage Relationship Disclosure Act does not specify a need for a written disclosure for a transaction broker. This is because: transaction brokers are used
The Brokerage Relationship Disclosure Act does not specify a need for a
written disclosure for a transaction broker. This is because:
transaction brokers are used in nonresidential transactions
none of the authorized brokerage relationships require disclosures
the Act declares a presumption of transaction brokerage
the disclosure will automatically appear in a listing or buyer representation
agreement
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