Sales Associate Kevin in Stillwater, Oklahoma represents buyer Linda under a written buyer representation agreement. During their search, Linda confides to Kevin that she is going through a divorce and must purchase a home quickly at any price. Kevin then shows Linda a home listed by a different brokerage. What is Kevin's obligation regarding Linda's confidential information?
Correct Answer
C) Kevin must keep Linda's motivation confidential and may not disclose it to the listing agent or seller.
As Linda's buyer's agent, Kevin owes her the fiduciary duty of confidentiality. Under Oklahoma agency law, a buyer's agent must protect the client's confidential information — including personal motivations, financial urgency, and negotiating position — and may not disclose such information to the seller or listing agent. Linda's divorce situation and urgency to purchase are classic examples of confidential client information that must be protected.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
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