A licensee posts their IABS notice conspicuously on their website. When is this SUFFICIENT to satisfy the IABS delivery requirement?

A licensee posts their IABS notice

Multiple choice — select the best answer

AWhen the first substantive communication occurs online through the site
BWhenever a consumer visits the website for any reason
COnly for commercial real estate transactions
DOnly if a signed acknowledgment is obtained within 48 hours

✓ Correct answer: A. When the first substantive communication occurs online through the site TREC rules allow website posting as an acceptable delivery method when the first substantive communication takes place via that website. For in-person or phone contacts, the form must still be physically or electronically delivered.

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Topic: Agency & Disclosures

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A licensee posts their IABS notice conspicuously on their website. When is this SUFFICIENT to satisfy the IABS delivery requirement?

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