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Oh AgencyBuyer_agent_ohEASY

Under Ohio law, when a buyer's agent shows a property to their client, the agent should:

Correct Answer

D) Provide an objective assessment, pointing out both positive features and observable concerns

Under Ohio agency law, the duty of reasonable care requires buyer's agents to provide objective assessments when showing properties. This includes pointing out both positive features and any observable concerns that could affect the buyer's decision.

Answer Options
A
Only point out the property's positive features to encourage a purchase
B
Provide a written appraisal of the property's value
C
Refuse to comment on the property to avoid liability
D
Provide an objective assessment, pointing out both positive features and observable concerns

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Related Topics & Key Terms

Key Terms:

buyer_agentreasonable_careproperty_showingobjective_assessmentORC_4735

Related Concepts

The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.

A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.

The legal ending of an agency relationship, which can occur through completion, expiration, mutual agreement, breach, death, incapacity, or bankruptcy of either party.

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