A real estate licensee has out-of-town relatives come to visit. He shows them several listings, but they simply are not interested in purchasing any of the listings he shows them. Finally, after several long days of viewing listings, the licensee writes up a lease proposal with an option to purchase. The licensee should make a disclosure to _____.

All states in the United States require real estate brokers to take an exam to get licensed.  Such subjects as operation of a brokerage, contract law and agency concepts and others.