New Jersey Real Estate Exam Practice Question
When MUST a listing broker provide a copy of a fully executed written listing agreement to the owner?
Correct Answer: A
Rationale: A listing broker must provide a copy of the fully executed written listing agreement to the owner upon execution by all parties. This ensures that the owner has immediate access to the terms and conditions of the agreement they are bound by.
Option B is incorrect as it misstates the timeframe; the broker is not required to wait three days. Option C is also misleading; while timeliness is important, the law specifies immediate provision upon execution, not within five business days. Option D is incorrect because the obligation to provide a copy is not contingent on the presentation of an offer; it must occur at the time the agreement is signed.
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