What obligation does Tim have when obtaining a listing?

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When obtaining a listing, Tim must provide a copy of the listing agreement to the seller at the time of signing. This is an essential step that ensures transparency and establishes a clear understanding of the terms between the broker and the seller. By supplying the seller with a copy of the listing agreement, Tim fulfills a fundamental obligation under Indiana real estate laws, emphasizing the importance of clear communication and documentation in real estate transactions. This practice protects both parties and helps to mitigate any potential disputes regarding the terms of the listing.

In contrast, the other options might imply obligations that are not mandated in the same way, such as enforcing immediate advertising or requiring approval on all marketing materials, which may depend on individual agreements rather than legal requirement. Moreover, stating that he has no obligations regarding documentation disregards the legal necessity of providing a copy of the agreement, which is integral to maintaining ethical standards in real estate practice.

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