EstatePass
AgencyConfidentialityHARD

A seller tells their agent the lowest price they will accept for their property. After the listing expires, this information is:

Correct Answer

B) Confidential and protected even after the agency relationship ends

A seller's confidential minimum acceptable price — the bottom-line price shared with their agent — remains protected confidential information even after the agency relationship ends. Under North Dakota agency law, a licensee's duty of confidentiality regarding material client information survives the termination or expiration of the agency agreement and cannot be disclosed without the client's consent.

Answer Options
A
Public information available to anyone
B
Confidential and protected even after the agency relationship ends
C
Required to be disclosed on the MLS
D
Shareable with buyer's agents upon request

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Related Topics & Key Terms

Related Topics:

post-terminationperpetual-duty

Key Terms:

confidentialityforeverminimum price
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