Authorized Relationships DisclosuresTransaction_brokerEASY
In Florida, the default brokerage relationship when no disclosure is made is:
Correct Answer
B) Transaction broker
Transaction broker is the presumed default relationship in Florida unless another is established.
Answer Options
A
Single agentB
Transaction brokerC
No brokerage relationshipD
Dual agentVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
brokerage-disclosure-requirementsfiduciary-dutiesagency-relationships
Key Terms:
transaction brokerdefault relationshipFlorida Statute 475.278limited representationsingle agency
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More Authorized Relationships Disclosures Questions
Consent to transition from single agent to transaction broker in Florida must be:
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?
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