Under Ohio law, a buyer's agent owes all of the following fiduciary duties to the buyer EXCEPT:
Correct Answer
B) Obedience to the buyer's instruction to conceal a material defect from the seller
The duty of obedience requires following the client's lawful instructions. Concealing a material defect from the seller is unlawful under Ohio law, so the buyer's agent must refuse this instruction. Obedience does not extend to illegal or unethical directives.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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Buyer's agent Sandra represents client Tom under a buyer agency agreement. Tom asks Sandra to submit an offer that includes a clause requiring the seller to complete repairs that would violate local building codes. Under Ohio agency law, how should Sandra respond?