Which Louisiana rule applies when information from a client could materially harm that client bargaining position if disclosed?
Correct Answer
C) It is confidential information unless an exception applies
La. R.S. 9:3891 defines confidential information to include information obtained from a client that is made confidential by written request or whose disclosure could materially harm the client position, subject to statutory exceptions. Source basis: Louisiana Legislature official La. R.S. 9:3891, 9:3893, 9:3894, 9:3895, 9:3896, 9:3897, 9:3898, plus La. R.S. 37:1467; checked 2026-04-30.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
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.
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