Under Florida's no brokerage relationship, a licensee has a duty to perform all of the following EXCEPT:
Correct Answer
D) Maintain confidentiality of all customer information
Correct: D - Maintain confidentiality of all customer information. There is no duty to maintain confidentiality under no brokerage relationship. Why not A: This option is incorrect because "Disclose all known facts that materially affect property value" does not match the rule tested by the question. The correct answer is "Maintain confidentiality of all customer information". There is no duty to maintain confidentiality under no brokerage relationship. Why not B: This option is incorrect because "Account for all funds entrusted to the licensee" does not match the rule tested by the question. The correct answer is "Maintain confidentiality of all customer information". There is no duty to maintain confidentiality under no brokerage relationship. Why not C: This option is incorrect because "Deal honestly and fairly" does not match the rule tested by the question. The correct answer is "Maintain confidentiality of all customer information". There is no duty to maintain confidentiality under no brokerage relationship.
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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?
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Previous Question
Sales associate Rodriguez is working with both the buyer and seller in the same transaction under no brokerage relationship with both parties. The buyer confides that they are willing to pay $10,000 more than their current offer. What should Rodriguez do with this information?
Next Question
Licensee Thompson has been working with a buyer under no brokerage relationship for three months. The buyer now wants Thompson to negotiate on their behalf and provide market analysis for upcoming offers. The buyer offers to pay Thompson a fee for these services. What should Thompson do?