Broker Martinez has designated Sales Associate Chen to represent the buyer and Sales Associate Rodriguez to represent the seller. Chen discovers that Rodriguez has been sharing confidential buyer information with the seller. What should Chen do?
Correct Answer
B) Report the violation to Broker Martinez immediately
Chen should report the violation to Broker Martinez immediately as this is a serious breach of fiduciary duty that requires broker intervention. Confronting Rodriguez directly may not resolve the systemic issue. Advising termination might be premature without broker involvement. Documenting without action fails to protect the client's interests.
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Related Topics & Key Terms
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Related Concepts
A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.
Protected classes are groups of people who are legally shielded from discrimination based on specific characteristics.
Radon disclosure involves informing buyers about the presence or potential presence of radon gas in a property. Radon is a naturally occurring radioactive gas that can accumulate in buildings and is the second leading cause of lung cancer.
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