Agency
In Florida, a 'transaction broker' owes which of the following duties to both buyer and seller?
AFull fiduciary duties including undivided loyalty
BLimited representation including honesty, accounting for funds, and skill✓ Correct
CNo duties whatsoever — they are purely neutral
DThe same duties as a dual agent
Explanation
A transaction broker in Florida provides limited representation and owes both parties: dealing honestly and fairly, accounting for all funds, using skill and care, disclosing known facts, presenting offers and counteroffers, and limited confidentiality.
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