What is required for a valid agency disclosure in Kentucky?

In Kentucky, a valid agency disclosure requires written consent from all parties involved in the transaction. This requirement is established to ensure that all parties are fully informed about the nature of the agency relationship and the responsibilities that come with it. Written consent provides a clear, documented agreement that can help prevent misunderstandings and disputes regarding agency relationships later in the transaction process.

This emphasis on written consent promotes transparency and accountability in real estate transactions. It reinforces the idea that all parties must agree on the terms and understand each other's roles and duties involved, including who is representing whom. Having this documentation serves as a safeguard and protects both the agent and the clients by ensuring clarity.

The other options suggest varying degrees of consent or no requirement for consent at all, which would undermine the principle of informed consent that is crucial in agency relationships. Written consent is necessary to formalize the relationship and to provide that important level of protection and clarity that is beneficial in real estate transactions.