Question 89

An Attorney General's Memorandum on Discrimination must be provided to the owner by the licensee.

When a licensee takes a listing to sell a new multi-family residential property, it is essential that they provide the owner with an Attorney General's Memorandum on Discrimination. This document outlines the legal obligations related to discrimination in housing, ensuring the owner is informed of their responsibilities.

A) an Attorney General's Memorandum on Discrimination.

This option is correct as it is legally required for licensees to provide this memorandum to property owners when listing multi-family residential properties. The memorandum serves to educate owners about discrimination laws and helps prevent discriminatory practices in housing.

B) a lead-based paint disclosure form.

While a lead-based paint disclosure form is important in transactions involving properties built before 1978, it is not a requirement for all multi-family residential properties, especially new constructions. Therefore, this option is incorrect in the context of the question.

C) a copy of the Truth-in-Renting Law.

Although the Truth-in-Renting Law is relevant to rental properties, it is not a mandatory document that must be provided to the owner by the licensee when taking a listing. Thus, this option does not fulfill the requirement stated in the question.

D) a list of all municipalities in the multiple listing systems to which the licensee belongs.

Providing a list of municipalities may be helpful but is not a legal requirement when taking a listing for a multi-family residential property. Therefore, this option does not meet the criteria of mandatory documentation for the owner.

Conclusion

The Attorney General's Memorandum on Discrimination is the only option that is a legal requirement for licensees when listing multi-family residential properties. The other options do not fulfill the mandatory documentation needed for compliance with housing laws, making them incorrect in this context.