Under Ohio law, buyer's agent Chris accompanies his client to view a property. Chris notices water stains on the basement ceiling that could indicate plumbing issues. What is Chris's obligation?
Correct Answer
B) Point out the water stains to his client and recommend a professional inspection before making an offer
Under Ohio agency law, the duty of reasonable care requires buyer's agents to alert clients to observable conditions that may indicate property defects. While Chris is not a home inspector, he should point out visible concerns and recommend professional evaluation.
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Buyer's agent Laura represents client Tim under an exclusive buyer agency agreement. Tim asks Laura to also look at commercial properties for his small business. Laura's brokerage is not experienced in commercial real estate. Under Ohio agency law, what is Laura's best course of action?
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Under Ohio law, buyer's agent Nicole has an exclusive buyer agency agreement with client Rob. Rob finds a for-sale-by-owner (FSBO) property he wants to buy. What is Nicole's obligation?