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Authorized Relationships DisclosuresNo_brokerage_relationshipEASY

In Florida, when does a licensee have a no brokerage relationship with a consumer?

Correct Answer

A) When providing only ministerial acts without representation duties

Correct: No brokerage relationship exists when a licensee provides only ministerial acts without taking on representation duties or fiduciary obligations. Why not B: Transaction broker is a formal brokerage relationship with specific duties and disclosures. Why not C: Representing both parties would require dual agency, which is prohibited in Florida. Why not D: Designated sales associate is a form of single agent representation.

Answer Options
A
When providing only ministerial acts without representation duties
B
When acting as a transaction broker
C
When representing both buyer and seller
D
When working under a designated sales associate arrangement

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Related Topics & Key Terms

Key Terms:

ministerial_actsrepresentation_dutiesbrokerage_relationship_definition
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