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Practice Of Real EstateConflicts Of InterestMEDIUM

A Rhode Island principal broker reviews a licensee can reasonably anticipate an actual or potential conflict of interest. Which answer follows Rhode Island law?

Correct Answer

C) The licensee must include that conflict in the written disclosure of material information

230-RICR-30-20-2 § 2.22 includes actual or potential conflicts of interest in the information that must be disclosed in writing. Source basis: Rhode Island Department of State official regulation 230-RICR-30-20-2 §§ 2.14, 2.22, and R.I. Gen. Laws §§ 5-20.5-14 and 5-20.6; checked 2026-04-30.

Answer Options
A
Disclosure is needed only if the other party asks a direct question.
B
Verbal disclosure is always enough.
C
The licensee must include that conflict in the written disclosure of material information
D
The licensee may wait until closing to disclose the issue.

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Related Topics & Key Terms

Related Topics:

ri.IIIconflicts-of-interest

Key Terms:

rhode_islandri.IIIconflicts-of-interestconflict-disclosure
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