Article 15, Section 15-35 discusses agency relationship disclosure. It requires that a Renter be advised in writing that no agency relationship exists between the Leasing Agent and the Renter, unless there is a written agreement between the Sponsoring Broker and the Renter, providing for a different brokerage relationship. This must occur no later than when a Renter asks the Leasing Agent to help the Renter in locating and renting an apartment. The Leasing Agent must explain the form and then the Leasing Agent and Renter sign the “No Agency” Disclosure Form. A copy of the “No Agency” Disclosure Form is retained by the Renter and Leasing Agent.
