New Jersey Real Estate License Exam Practice Question
When is a real estate licensee required to provide a Consumer Information Statement (CIS)?
Correct Answer: A
Rationale: A Consumer Information Statement (CIS) must be provided before discussing any motivation or financial details with a client or customer, ensuring transparency and informed decision-making from the outset.
Option B is incorrect; a CIS is not limited to the moment an offer is written, as it is essential to establish understanding beforehand.
Option C is misleading; there is no requirement to show a specific number of homes before providing a CIS.
Option D is also wrong; the obligation to provide a CIS is proactive, not reactive, and should not depend solely on a client's request.
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