When dealing with an associate under the Real Estate Brokers Act, which disclosure must be made?

• A. The identity of the buyer
• B. The mortgage lender's name
• C. The color of the property
• D. The exact closing date

Answer: (A)

The main idea here is understanding who a licensee owes duties to in a real estate transaction and what needs to be clearly identified to another associate. Under the Real Estate Brokers Act, the essential disclosure when working with an associate is who the buyer is. Revealing the buyer’s identity clearly establishes the client for whom the licensee is acting and ensures that the associate knows whose interests are being represented, which supports proper confidentiality, loyalty, and authority in the transaction. It also helps prevent confusion or misrepresentation about who is the principal in the deal, especially in situations that could involve dual representation or collaboration among licensees.

The other details listed aren’t the disclosures required to identify the client. The color of the property is simply a physical attribute and has no bearing on which client a licensee represents. The mortgage lender’s name and the exact closing date are transactional details that may appear in documents or agreements, but they aren’t mandated disclosures to an associate under the Act to establish representation.