Which document should be provided by licensees to inform parties about their rights in a transaction?

The Agency Disclosure Pamphlet serves as a vital resource in real estate transactions by outlining the rights and responsibilities of both parties involved. This document is specifically designed to ensure that all participants are well-informed about the nature of their relationship with the real estate professionals involved.

By providing this pamphlet, licensees fulfill their obligation to disclose how they will represent their clients, whether as a seller's agent, a buyer's agent, or in a dual agency role. This transparency is crucial in real estate practice, as it helps to prevent misunderstandings and fosters trust between the parties.

The other documents mentioned, such as the Agreement of Sale, Listing Agreement, and Purchase Agreement, typically deal with the terms and conditions of the property transaction itself, rather than focusing on informing parties of their rights. While these agreements are important in the buying and selling process, they do not serve the primary function of clearly articulating the rights and treatments of the parties involved in the transaction, which is the key purpose of the Agency Disclosure Pamphlet.