Is the Information About Brokerage Services form required to be provided to buyer prospects at an open house?

Prepare for the TREC Law of Agency Exam. Study with multiple-choice questions and detailed explanations. Get confident for your test!

The correct answer highlights that the Information About Brokerage Services (IABS) form is not mandated to be provided to buyer prospects during an open house. This is significant because the IABS form serves to inform potential buyers about their rights and the obligations of the broker, but the requirement to provide it does not extend to open houses under current regulations.

During an open house, brokers and agents typically focus on showcasing the property rather than formal transactional discussions. While it is considered good practice to provide this information to potential buyers to foster transparency, it is not legally required at that event. This nuance allows agents flexibility in how they manage their interactions with potential buyers in informal settings like open houses.

While the other options imply circumstances where the form might be required, they do not align with the established rules governing open house scenarios. The inclusion of buyer requests or scheduling specifics adds layers to when the form might be distributed, but the key point remains that at an open house, the law does not impose a requirement for distribution.

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