Which option is NOT an exception to providing a written IABS notice?

• A. Substantive communication about a specific property
• B. Residential lease less than one year
• C. Meeting with a party already represented by a license holder
• D. Both A and B

Answer: (A)

The IABS notice exists to inform clients about brokerage relationships and must be provided at the first substantive dialogue about real estate services, unless an exception applies. Substantive communication about a specific property is not an exception—it's exactly the kind of discussion that triggers the need for the written IABS because real estate services are being discussed.

In contrast, meeting with a party who is already represented by a license holder is considered an exception, as the party already has representation and the separate IABS notice isn’t required. Likewise, a residential lease of less than one year is an exception, so the IABS isn’t required there either. Therefore, the option describing substantive discussion about a specific property is not an exception.