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Exam term

Agent duties under the Disclosure Act

Under Real Property Law § 466, the listing agent timely informs the seller of the seller's obligations, and the buyer's agent informs the buyer before a binding contract is signed. If the buyer is unrepresented, the seller's agent does so.

Lessons that use this term

  • The Property Condition Disclosure Act and the uncapped natural gas well disclosure New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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