An Ohio broker co-owns a property management company and a real estate brokerage. A tenant of a managed property wants to purchase a home through the brokerage. The broker assigns one of his salespersons to help the tenant buy a home. Under Ohio law, the broker must:
Correct Answer
D) Disclose the dual relationship and ensure the salesperson acts in the tenant-buyer's best interest without any conflict from the property management relationship
The broker must disclose the dual relationship between the property management company and the brokerage to ensure transparency. The salesperson must act in the buyer's best interest, and the broker must ensure that the property management relationship does not create any conflicts that would compromise the buyer's interests.
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