Exam term

First substantive contact

The point in dealings with the opposite side when an agent must give the agency disclosure form, before discussing specifics such as negotiating limits. Disclosure cannot wait until the offer or closing.

Lessons that use this term

Single agency: seller and landlord agency, buyer and tenant agency, and the broker's agent New York
The agency disclosure form under Real Property Law section 443 New York
Pressure to discriminate and anti-bias training New York
Broker and salesperson fair housing responsibilities and New York's disclosure forms New York