A licensee purchasing real estate listed by their own agency must disclose their status in which document?

The correct document where a licensee must disclose their status when purchasing real estate listed by their own agency is the Purchase and Sale Agreement. This agreement serves as a formal contract that outlines the terms of the sale between the buyer and seller. It is essential for the licensee to declare their status to ensure transparency and uphold ethical standards in the transaction. This disclosure is critical as it helps all parties involved understand any potential conflicts of interest, thus promoting trust and safeguarding consumer interests.

While the correct answer pertains specifically to the Purchase and Sale Agreement, other documents serve different purposes in real estate transactions. For example, a deed primarily formalizes the transfer of property ownership but is not the appropriate document for disclosing licensee status. A Property Disclosure form is typically concerned with revealing material defects in the property rather than the agent's status. Lastly, the Seller Listing Agreement establishes the terms between the seller and the listing agency but does not involve the buyer's actions or disclosures in this particular transaction context. Thus, the Purchase and Sale Agreement is the crucial document for such a disclosure.