Agency
Which of the following best describes the broker's duty of 'disclosure' in an agency relationship?
ADisclosing the seller's bottom line price to the buyer
BDisclosing all material information relevant to the client's decision-making that is within the agent's knowledge✓ Correct
COnly disclosing information that the client specifically requests
DDisclosing all information to all parties equally
Explanation
The duty of disclosure requires the agent to disclose to their client all material information that might affect the client's decisions, including information about the property, the other party's circumstances (to the extent lawfully obtained and relevant), and the agent's own conflicts of interest. It does not include disclosing the other party's confidential information.
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