What notice should be given to the seller and buyer to provide whom the appointers are in the Intermediary agency?

What notice should be given to the seller and buyer to provide whom the appointers are in the Intermediary agency?

• A. Appointer Disclosure
• B. Intermediary Relationship Notice
• C. Intermediary Disclosure
• D. Appointer Identification Notice

Answer: (B)

In an intermediary arrangement, the broker represents both parties and must clearly disclose who has appointed the intermediary for each side. The notice that fulfills this is the Intermediary Relationship Notice. This disclosure tells both the seller and the buyer that the broker is acting as an intermediary and exactly who appointed the broker to represent each party, ensuring informed consent and transparency about the brokerage relationship. Why this fits best: it directly communicates the appointment structure within the intermediary setup and establishes the broker’s neutral role while still serving each party’s interests. Other options describe related ideas—such as general intermediary status or naming appointers only—but they don’t specifically capture the formal notice that identifies the appointers and the intermediary relationship in one comprehensive disclosure.

In an intermediary arrangement, the broker represents both parties and must clearly disclose who has appointed the intermediary for each side. The notice that fulfills this is the Intermediary Relationship Notice. This disclosure tells both the seller and the buyer that the broker is acting as an intermediary and exactly who appointed the broker to represent each party, ensuring informed consent and transparency about the brokerage relationship.

Why this fits best: it directly communicates the appointment structure within the intermediary setup and establishes the broker’s neutral role while still serving each party’s interests. Other options describe related ideas—such as general intermediary status or naming appointers only—but they don’t specifically capture the formal notice that identifies the appointers and the intermediary relationship in one comprehensive disclosure.