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Marlon John discusses the New York State disclosure form for buyers and sellers, known as the agency disclosure. This form informs clients about the various capacities in which real estate agents operate, including representing either the seller, buyer, or both as a dual agent. He emphasizes the importance of understanding the roles of a seller's agent, buyer's agent, broker's agent, and the concept of a dual agent. Additionally, he highlights the complexity of designated sales agents, where one brokerage represents both buyer and seller through separate agents. John encourages viewers to read and familiarize themselves with the form for better understanding.