What must be included in an agency disclosure form provided to clients?

The inclusion of a disclosure of agency relationships and duties in an agency disclosure form is essential because it lays the groundwork for transparency and trust between the real estate professional and the client. This disclosure provides clients with a clear understanding of the nature of the relationship they are entering into, specifying whether the agent represents the buyer, seller, or both in a transaction. It establishes the obligations the agent has towards their client, including loyalty, disclosure, and fiduciary responsibilities. This information is crucial for clients to make informed decisions about the representation they are receiving in a real estate transaction.

The other options, while potentially useful in real estate contexts, do not meet the primary purpose of agency disclosure. For example, identification of all property listings, information on property taxes, and a summary of current market trends are not typically required components of an agency disclosure form. These details, although important for clients, pertain more to property-specific information or market analysis rather than the relationship between the agent and the client. Thus, they do not fulfill the core objective of outlining the agency relationship and its duties.