How do nonresidential and residential transactions compare with respect to the duties and disclosures of three authorized relationships discussed in the Brokerage Relationship Disclosure Act? Licensee duties and disclosure requirements apply only to nonresidential transactions. The duties in the relationships are the same for both types of transactions, but the disclosure requirements apply only to residential transactions. Licensee duties and disclosure requirements apply only to residential transactions. The licensee duties in the relationships are the same for both types of transactions, but the disclosure requirements apply only to nonresidential transactions. Submit
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