![]() The updated disclosure may be viewed in the MassForms™ library or online here. Additionally, the disclosure now states that, in the absence of a personal meeting with a consumer, the licensee must provide the consumer with the relationship disclosure, either electronically or otherwise, prior to the licensee entering into a contract with that consumer. Recent changes to the Mandatory Licensee-Consumer Relationship Disclosure clarify that the disclosure is only required in residential transactions, which are defined as land with a building intended for use as a one to four-unit residential dwelling or the purchase or sale of land on which a building is intended to be constructed for use as a one or two-unit residential dwelling. ![]() Is that true and when does it need to be presented?Ī: The Relationship Disclosure must be presented to a consumer at the first personal meeting in which specific property is discussed. Q: I heard there is a new Mandatory Licensee-Consumer Relationship Disclosure.
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