A real estate licensee is showing properties to a buyer but has not entered into any written agreement and is providing only ministerial acts. The licensee finds a property listed by another brokerage and writes an offer. What type of relationship exists between the licensee and the buyer?
Correct Answer
C) No brokerage relationship
Correct: No brokerage relationship exists because the licensee is only providing ministerial acts without entering into any agency agreement. Why not A: Single agent requires a written agreement and fiduciary duties. Why not B: Transaction broker requires written disclosure and limited representation. Why not D: Dual agency is not recognized in Florida.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Asbestos disclosure involves informing buyers about the presence of asbestos-containing materials (ACMs) in a property. Asbestos was commonly used in construction materials before 1980 and poses health risks when fibers become airborne.
Violating fair housing laws can lead to significant penalties, including fines, civil liability, and professional discipline.
Death on property disclosure addresses whether sellers must inform buyers about deaths that occurred on the property, including natural deaths, suicides, and murders. Requirements vary significantly by state.
More Authorized Relationships Disclosures Questions
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- → In Florida, the disclosure of brokerage relationship must be made:
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- → In Florida, when does a licensee have a no brokerage relationship with a consumer?
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In a Tampa transaction, a buyer wants the Florida rule on timing and wording traps for no-brokerage disclosure in residential sales. Which statement is correct?
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