Under TRELA, when is an IABS notice required to be given?

Under TRELA, when is an IABS notice required to be given?

• A. AFTER SUBSTANTIVE COMMUNICATION ABOUT A SPECIFIC PROPERTY
• B. BEFORE SUBSTANTIVE COMMUNICATION ABOUT A SPECIFIC PROPERTY
• C. AT CLOSING
• D. UPON REQUEST

Answer: (A)

This tests when TRELA requires the IABS notice to be given. The notice must be provided at the first substantive communication about a specific property. In practical terms, as soon as you start discussing concrete property details, showing the property, or negotiating terms, you should hand over the Information About Brokerage Services form. This ensures the client understands who you represent and the nature of the agency relationships before meaningful information is exchanged or negotiations occur. It’s not appropriate to wait until closing or to provide it only upon request.

This tests when TRELA requires the IABS notice to be given. The notice must be provided at the first substantive communication about a specific property. In practical terms, as soon as you start discussing concrete property details, showing the property, or negotiating terms, you should hand over the Information About Brokerage Services form. This ensures the client understands who you represent and the nature of the agency relationships before meaningful information is exchanged or negotiations occur. It’s not appropriate to wait until closing or to provide it only upon request.