Contracts and Agency Exam 2 Flashcards
1
Q
Agency? One client =
A
Buyer agency
2
Q
Agency? My client is the listing broker =
A
Sub agency
3
Q
Agency? I cannot provide full disclosure =
A
Dual agency
4
Q
Agency? My agent is helping me find a place to rent =
A
Tenant agency
5
Q
Agency? I cannot tell the buyer what my seller client is willing to accept =
A
Seller’s agency, dual agency
6
Q
Which fiduciary responsibilities are compromised when an agent becomes a dual agent?
A
Disclosure, Loyalty
