Agency & LawCâu 33 / 120
Confidential information the agent learns about the principal, such as the seller's willingness to accept less than list price, must generally be:
a.Kept confidential even after the agency relationship ends
b.Disclosed to all prospective buyers
c.Reported to TREC
d.Shared with the buyer's lender
Giải thích
The duty of confidentiality protects the principal's private information, including motivation and bottom-line price, and it typically survives the end of the relationship. Disclosing such information would harm the principal's negotiating position.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- For a Texas broker to act as an intermediary between a buyer and seller, the broker must obtain:
- When a broker acts as an intermediary and appoints one associated agent to the buyer and another to the seller, this is commonly called:
- A seller instructs the listing agent to conceal a known foundation problem from prospective buyers. The agent should:
- The duty of 'accounting' in an agency relationship requires the agent to:
- Placing client or earnest money funds into a broker's personal or general business account instead of a proper trust or escrow account is called:
- A listing agreement that gives one broker the right to sell but allows the seller to sell on their own without owing a commission is a(n):
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