Under Ohio law, a buyer who works with a licensee without signing a buyer agency agreement is classified as a:
Correct Answer
D) Customer who receives only the duties owed to all parties
Under Ohio law, a buyer who has not signed a buyer agency agreement is a customer. The licensee owes the customer only the duties owed to all parties, such as honest dealing and disclosure of known material facts, not full fiduciary duties.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
More Oh Agency Questions
Under Ohio law, buyer's agent Will represents client Amy. Amy asks Will to hold her $10,000 earnest money deposit. Under Ohio law, what must Will do with the deposit?
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Under Ohio real estate law, which of the following best describes a 'customer'?
- → Under Ohio law, which document must a licensee provide to a consumer to explain the different agency relationships available in Ohio?
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Under Ohio law, buyer's agent Kate represents client Matt. During a home showing, Matt asks Kate whether the neighborhood is safe. Under Ohio fair housing law and agency requirements, how should Kate respond?
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