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Oh AgencyAgency_disclosure_statementMEDIUM

Buyer Ray declines to sign a buyer agency agreement but wants licensee Paula to show him properties. Under Ohio law, what is Paula's status relative to Ray?

Correct Answer

B) Paula represents the seller and owes Ray only the duties owed to all parties

Without a signed buyer agency agreement, Paula does not represent Ray. Under Ohio law, she represents the seller (or her client) and owes Ray only the duties owed to all parties, such as honest dealing and disclosure of material facts.

Answer Options
A
Paula automatically becomes Ray's agent by showing properties
B
Paula represents the seller and owes Ray only the duties owed to all parties
C
Paula cannot show any properties without a signed buyer agency agreement
D
Paula becomes a dual agent for both Ray and the seller

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Related Topics & Key Terms

Key Terms:

buyer_agencycustomer_statusno_agreementduties_owedORC_4735
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