Agency
Under Georgia BRRETA, a buyer's agent owes which duty to the seller?
ALoyalty and confidentiality
BHonesty and disclosure of material facts about the buyer's financial ability to complete the purchase✓ Correct
CThe same duties as a dual agent
DNo duties to the seller
Explanation
A buyer's agent in Georgia owes the seller duties of honesty and disclosure of material facts about the buyer's ability to complete the transaction, but does NOT owe the seller fiduciary duties such as loyalty.
Related Georgia Agency Questions
- In Georgia, which fiduciary duty requires an agent to place the client's interests above their own?
- An agent who tells a potential buyer 'This property will double in value within 2 years' is making:
- A listing agent who tells a buyer that 'the seller is desperate and will accept far less' has violated which duty?
- A Georgia real estate broker who acts as a property manager for a client is acting in what capacity?
- In which scenario is an agent MOST likely to have a conflict of interest?
- Misrepresentation by a real estate agent that is unintentional (honest mistake) is known as:
- Dual agency in Georgia under BRRETA requires:
- Under Georgia BRRETA, a licensee acting as a transaction broker owes which duties to both parties?
Practice More Georgia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Georgia Quiz →