Under Ohio law, buyer's agent Cindy represents two different buyers who both want to submit offers on the same property. Under Ohio agency law, what must Cindy do?
Correct Answer
A) Disclose the conflict to both buyers, obtain their consent to continue representation, and submit both offers without revealing the terms of either to the other
Under Ohio agency law, Cindy must disclose the conflict of interest to both buyers, obtain their informed consent to continue dual representation, and maintain confidentiality of each buyer's offer terms from the other.
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Buyer's agent Tony learns from a neighbor that the property his client Beth wants to purchase was the site of a violent crime five years ago. There is no physical damage to the property. Under Ohio law, is Tony required to disclose this information to Beth?
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Under Ohio agency law, which of the following is an example of the buyer's agent's duty of reasonable care?