Agency
What is 'client confidentiality' after a Hawaii real estate transaction closes?
AA. The duty of confidentiality ends automatically when the transaction closes
BB. The duty of confidentiality survives the transaction; an agent cannot later disclose the client's confidential information even after the transaction is complete✓ Correct
CC. Confidentiality only applies during active negotiations; post-closing there is no obligation
DD. Agents may disclose client information to other agents in their firm after closing
Explanation
The agent's duty to maintain client confidentiality survives the end of the transaction. Even years later, an agent should not reveal a former client's financial situation, motivation for selling, minimum price accepted, or other information shared in confidence. The ongoing duty protects clients and maintains trust in the real estate profession.
Related Hawaii Agency Questions
- What is 'procuring cause' in real estate commission disputes and how is it determined?
- Under Hawaii agency law, a 'subagent' is an agent who:
- In Hawaii, an agent who guarantees a specific sales price to a seller is:
- What is 'informed consent' in the context of Hawaii dual agency?
- Under Hawaii law, when an agent's listing expires without a sale, their fiduciary duties to the seller:
- Which fiduciary duty requires an agent to place the client's interests above all others, including the agent's own interests?
- A Hawaii seller's agent learns the seller will accept $50,000 less than the listing price. Must the agent disclose this to the buyer?
- A Hawaii listing agent's market knowledge allows them to help the seller price the property correctly. This is part of which fiduciary duty?
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →