Under Ohio law, when a licensee acts as a dual agent with proper consent, the licensee must:
Correct Answer
B) Remain neutral and not advocate for either party's negotiating position over the other
Under Ohio dual agency rules, the licensee must remain neutral and cannot advocate for one party's interests over the other. The dual agent facilitates the transaction without favoring either side's negotiating position.
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A brokerage practices designated agency. The broker discovers that the designated buyer's agent and the designated seller's agent, both affiliated with the same brokerage, have been sharing their respective clients' confidential information with each other during the transaction. Under Ohio law, who may face disciplinary consequences?
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Under Ohio's Canons of Ethics, a licensee becomes aware that a competing brokerage is using materially misleading property descriptions in its advertising. What is the licensee's ethical obligation?