Washington Real Estate Broker Exam — All Questions
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Under general agency principles, which duty requires a broker to promptly deliver all offers and material information to the client?
- a.Disclosure✓
- b.Confidentiality
- c.Accounting
- d.Obedience
The duty of disclosure requires the agent to share all material facts and communicate offers and relevant information to the client so the client can make informed decisions. Confidentiality protects the client's private information from others.
An agent exaggerates that a home has 'the best view in the entire city.' This kind of non-factual sales talk is known as:
- a.Fraud
- b.Negligent misrepresentation
- c.Puffing✓
- d.Latent defect
Puffing is opinion-based sales talk that a reasonable buyer would not rely on as fact, such as calling a view 'the best.' It is generally not actionable. Fraud and misrepresentation involve false statements of material fact that induce reliance and harm.