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Agency Relationships DisclosuresBuyer_agent_dutiesHARD

A buyer's agent in New York is representing a Hispanic client who wants to pursue a co-op apartment in a building with a history of subjective board rejections. The client expresses concern about potential discrimination. Which of the following best describes the agent's primary duty under New York law?

Correct Answer

B) Help the client submit the strongest possible board package while keeping records of the board's communications and decisions

A buyer's agent owes fiduciary duties of loyalty and zealous representation to the client. Under New York Real Property Law and the New York Human Rights Law (Executive Law §296), the agent must actively advance the client's chosen goal — pursuing the property — while prudently documenting board communications in case discriminatory conduct needs to be substantiated in a future complaint. This balances the agent's fiduciary obligation with awareness of fair housing protections.

Answer Options
A
Advise the client to withdraw the application and search for buildings with more transparent approval criteria
B
Help the client submit the strongest possible board package while keeping records of the board's communications and decisions
C
Contact the building's board directly to request written disclosure of all approval criteria before proceeding
D
Inform the client that co-op boards have broad discretionary authority and fair housing laws do not apply to them

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Related Topics & Key Terms

Key Terms:

fair_housingcoop_boardsdiscriminationbuyer_advocacyhuman_rights_law
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