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Az Agency DisclosuresSeller_agent_azMEDIUM

In a licensing seminar in Queen Creek, Which statement about seller-agent loyalty is correct in Arizona?

Correct Answer

A) a seller's agent should protect the seller's confidential bargaining position unless the seller authorizes disclosure

Under A.A.C. R4-28-1101; current AAR listing practice, a seller's agent should protect the seller's confidential bargaining position unless the seller authorizes disclosure.

Answer Options
A
a seller's agent should protect the seller's confidential bargaining position unless the seller authorizes disclosure
B
the seller's minimum price is never considered confidential information
C
only buyers receive confidentiality in Arizona agency law under current Arizona law
D
a seller's agent should reveal the seller's minimum price to any serious buyer

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Related Topics & Key Terms

Key Terms:

arizona_specificseller_agentconfidentialityseller_agent_azaz_agency_and_disclosures

Related Concepts

The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.

The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

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