Under Ohio law, a seller's agent is required to provide all of the following to prospective buyers EXCEPT:
Correct Answer
A) Confidential financial information about the seller's negotiating position
Confidential financial information about the seller's negotiating position is a fiduciary duty owed only to the seller (the client). Sharing this with prospective buyers would violate the duty of confidentiality.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
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