Q: I’m a broker and I manage residential property for a landlord. I’ve been told that the disclosure requirements of the “Brokerage Relationship Disclosure Act” don’t apply to rentals. Is this true? 

A: Yes, this is true. The disclosure requirements of the “Brokerage Relationship Disclosure Act” don’t apply to the rental or leasing of real property unless, the law states: “an option to purchase all or a portion of the property improved with four or fewer residential units is given …”