Under Ohio law, seller's agent Evan lists a vacant property. During a showing, Evan notices signs of unauthorized occupancy (personal items, sleeping bags). Under Ohio agency law, what should Evan do?
Correct Answer
C) Inform the seller immediately about the potential unauthorized occupancy as a material fact, and recommend securing the property and consulting legal counsel
Under Ohio agency law, signs of unauthorized occupancy are a material fact affecting the property. Evan's duty of disclosure and reasonable care requires immediate notification to the seller with appropriate recommendations for securing the property.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
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