Alberta Real Estate Licensing Exam Practice · Question
An associate working for Brokerage A represents a buyer. The associate's spouse is a licensed associate with Brokerage B and has the listing for a property the buyer is interested in. What is the appropriate disclosure required by the buyer's associate?
RECA Rules, Section 44(c) requires a real estate associate to disclose in writing to their client any direct or indirect interest in a property or trade, which
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Question: An associate working for Brokerage A represents a buyer. The associate's spouse is a licensed associate with Brokerage B and has the listing for a property the buyer is interested in. What is the appropriate disclosure required by the buyer's associate?
Answer options: ✅ The buyer's associate must disclose in writing to the buyer the relationship with the listing associate before making an offer.
- No disclosure is required as they work for different brokerages and act independently.
- The buyer's associate must informally advise the buyer of the relationship.
- The listing associate must disclose the spousal relationship to the seller.
Correct answer: The buyer's associate must disclose in writing to the buyer the relationship with the listing associate before making an offer.
Explanation: RECA Rules, Section 44(c) requires a real estate associate to disclose in writing to their client any direct or indirect interest in a property or trade, which includes the interest of a spouse who is also involved in the transaction, regardless of different brokerages.
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