Agency
In Florida, a 'transaction broker' owes which of the following duties to both parties?
AUndivided loyalty and full confidentiality
BLimited representation including honesty, fair dealing, and disclosure of known facts✓ Correct
CFull fiduciary duties as defined under common law
DAdvocacy for the best interests of both buyer and seller equally
Explanation
A Florida transaction broker provides limited representation and owes both parties honesty, fair dealing, accounting for funds, disclosure of known facts materially affecting value, using skill and care, and presenting all offers.
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