Under Washington's Law of Real Estate Agency (RCW 18.86), which of the following duties does a broker owe to a CLIENT but NOT to a CUSTOMER?
Correct Answer
B) Maintaining confidentiality of information that may harm the client's negotiating position
Under RCW 18.86, confidentiality is a duty owed exclusively to a client (represented party). A broker must not disclose information that could harm the client's negotiating position — such as the client's motivation, financial limits, or willingness to accept less — without the client's consent. This fiduciary-level duty does not extend to customers.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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