Agent Maria represents buyer Thompson in purchasing a waterfront home in Miami. During negotiations, the seller's agent asks Maria about Thompson's maximum budget. What should Maria do as a single agent?
Correct Answer
B) Refuse to disclose confidential information about her principal
Correct: As a single agent, Maria has a fiduciary duty to maintain confidentiality and cannot disclose her principal's confidential information without written consent. Why not A: Sharing budget information would violate the duty of confidentiality. Why not C: Even asking permission could signal the client has a higher budget. Why not D: Providing any budget information violates confidentiality duties.
Why This Is the Correct Answer
Why the Other Options Are Wrong
Deep Analysis of This Authorized Relationships Disclosures Question
Background Knowledge for Authorized Relationships Disclosures
Real World Application in Authorized Relationships Disclosures
Common Mistakes to Avoid on Authorized Relationships Disclosures Questions
Related Topics & Key Terms
Key Terms:
More Authorized Relationships Disclosures Questions
Consent to transition from single agent to transaction broker in Florida must be:
In Florida, the default brokerage relationship when no disclosure is made is:
A Florida licensee working with a customer in a no brokerage relationship:
Agent Rodriguez discovers that a property has had previous termite damage that was repaired. The seller instructs Rodriguez not to disclose this information to potential buyers. What should Rodriguez do?
Which brokerage relationship is presumed in Florida unless otherwise disclosed?
- → A Florida single agent must provide which disclosure?
- → Which duty is NOT owed by a Florida transaction broker?
- → A Florida single agent owes the principal all duties EXCEPT:
- → A Florida transaction broker owes limited confidentiality. This means:
- → Florida requires brokerage relationship disclosure be provided:
- → In Florida, a transaction broker:
- → In Florida, the disclosure of brokerage relationship must be made:
- → In Florida, dual agency is:
- → Agent Lisa is working with buyer clients to purchase a waterfront property. All of the following disclosure requirements apply in Florida EXCEPT:
- → According to Florida law, when must a real estate licensee provide brokerage relationship disclosure to a customer?
People Also Study
Buyer Representation Agreement
8% of exam
Property Ownership
10% of exam
Land Use Controls and Regulations
8% of exam
Valuation and Market Analysis
10% of exam
Previous Question
Training example Harbor Notebook asks the question this way. In a Miami transaction, a buyer wants the Florida rule on written single-agent disclosure timing—before or at the listing/representation agreement or before showing. Which statement is correct?
Next Question
Licensee Rodriguez is working as a single agent for seller Williams on a Tampa Bay condo. When must Rodriguez provide the single agent disclosure to prospective buyers?