Under Ohio law, one of the primary benefits of having a buyer's agent is:
Correct Answer
C) The buyer receives fiduciary representation, including loyalty, confidentiality, and advocacy during negotiations
Having a buyer's agent in Ohio provides the buyer with fiduciary representation, meaning the agent owes duties of loyalty, confidentiality, disclosure, accounting, obedience, and reasonable care to protect the buyer's interests.
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Buyer's agent Diane represents client Jason under an exclusive buyer agency agreement in Ohio. Jason tells Diane he wants to terminate the agreement early because he found a property through a friend. Under Ohio law, what governs the termination?
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