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Under Ohio law, a buyer's agent is a licensee who:

Correct Answer

D) Represents the buyer under a signed buyer agency agreement

Under Ohio law, a buyer's agent is a licensee who has entered into a signed buyer agency agreement and owes fiduciary duties exclusively to the buyer, including loyalty, confidentiality, and reasonable care.

Answer Options
A
Represents the seller in the transaction
B
Acts as a neutral party with no allegiance to either side
C
Handles only the paperwork for the buyer without any fiduciary duties
D
Represents the buyer under a signed buyer agency agreement

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Related Topics & Key Terms

Key Terms:

buyer_agentdefinitionagency_agreementfiduciary_dutiesORC_4735
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