Agency
What is a 'transaction broker' relationship in Delaware real estate?
AA broker who only processes paperwork without representing any party
BA licensee who facilitates a transaction without representing either party as a fiduciary, providing limited service to both buyer and seller✓ Correct
CA broker who represents the transaction lender
DAn unlicensed transaction coordinator
Explanation
A transaction broker (also called a limited service provider) in Delaware facilitates a real estate transaction without acting as a fiduciary for either buyer or seller. The transaction broker assists both parties with paperwork and communication but owes limited duties such as honesty and accounting.
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