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Az Agency DisclosuresAgency_types_azHARD

At Red Rock Desert Properties in Mesa, a broker gives strategic advice, pricing opinions, and negotiation recommendations to a person the broker insists is only a customer. What is the most accurate response?

Correct Answer

D) conduct can create expectations and duties, so brokers should avoid implied-agency confusion by using clear disclosures and agreements

Under A.A.C. R4-28-1101; current AAR agency-disclosure materials, conduct can create expectations and duties, so brokers should avoid implied-agency confusion by using clear disclosures and agreements.

Answer Options
A
implied-agency concerns exist only in commercial leasing under current Arizona law
B
Arizona requires brokers to avoid written disclosures so relationships stay flexible
C
strategic advocacy to a customer can never create any agency risk in that Arizona transaction
D
conduct can create expectations and duties, so brokers should avoid implied-agency confusion by using clear disclosures and agreements

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Related Topics & Key Terms

Key Terms:

arizona_specificimplied_agencydisclosureagency_types_azaz_agency_and_disclosures

Related Concepts

An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.

The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.

An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.

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