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Tip of the Week: OREF 042 – Initial Agency Disclosure Pamphlet

OREF 042 – Initial Agency Disclosure Pamphlet: This form must be delivered to prospective parties to a transaction and unrepresented parties seeking representation during a transaction, unless they have or can reasonably be assumed to have the pamphlet already. The form must be delivered at “first contact” with such a person, meaning when the agent has sufficient contact information about a person to be able to provide an initial agency disclosure pamphlet to that person.

All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.