(a)

1. (1)

   1. (A) In any real estate transaction in which a licensee is acting solely as agent for a buyer or lessee the licensee shall disclose to a potential seller or lessor, or to the seller's or lessor's licensed agent, the licensee's agency relationship with the buyer or lessee.
   2. (B) Such disclosure shall be made at the first contact with the:

(i) Seller;

1. (ii) Lessor; or

   1. (iii) Agent of the seller or lessor.
2. (2) When the disclosure is made to the licensed agent of the seller or lessor, it is that licensee's duty to convey the disclosure to the seller or lessor in a timely manner.

(b)

1. (1) In all cases, disclosure shall be in writing, but may initially be made orally and reduced to writing at a convenient time subject to the requirements of subsection (c) of this section.

2. (2) Evidence of the disclosure shall be maintained by the licensee.

   1. (c) In all cases, however, such disclosure must be made before the seller or lessor signs any document related to the transaction, such as an offer or lease or rental agreement.