Under Ohio law, the duty of confidentiality that a buyer's agent owes to the client survives:
Correct Answer
C) Beyond the termination of the agency relationship
Under Ohio agency law, the duty of confidentiality survives the termination of the agency relationship. Information learned during the representation remains confidential even after the agreement ends.
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Previous Question
A seller agrees to a $5,000 concession toward the buyer's closing costs. At closing, the buyer's actual closing costs total only $3,500. Under Ohio agency law and standard closing practice, what happens to the remaining $1,500?
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Ohio buyer's agent Janet is representing client Oliver. Oliver asks Janet to submit a purchase offer on a property that Janet personally owns, and Janet has not disclosed her ownership interest. Under Ohio agency law, what is the most accurate statement?