agency

Agency Disclosure at First Substantive Contact (North Dakota)

For one-to-four-unit residential property (N.D. Admin. Code 70-02-03-15.1), each licensee must give a separate written disclosure of whom the licensee represents at the first substantive contact: before a listing agreement is signed for a seller, before a buyer's broker agreement for a buyer, and for anyone else before discussing personal financial information or negotiating. For agricultural, commercial and five-plus-unit property, the licensee is the seller's agent unless all parties agree otherwise in writing, with disclosure before a written contract is signed.