California Real Estate Salesperson Exam Practice – Quesiton 33

Explanations

In a real estate transaction, the primary responsibility for providing agency

disclosure rests with the licensed real estate agents and their employing brokers. This includes

the listing broker (representing the seller), the selling broker (representing the buyer, also known

as the buyer’s agent), and any cooperating brokers involved. The principal (either the buyer or

the seller) is the client to whom the disclosure is made. While principals are required to review

and sign the agency disclosure form to acknowledge the relationship, they are not the ones

responsible for creating or presenting the disclosure.

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