Agency
A transaction broker in Indiana owes which level of duty to the parties?
AFull fiduciary duty to both buyer and seller
BLimited representation — facilitation, fairness, and honesty without full fiduciary duties✓ Correct
CNo duty to either party
DFull fiduciary duty to the buyer only
Explanation
A transaction broker (also called a facilitator in some states) provides limited representation, assisting both parties with the transaction while maintaining fairness, honesty, and confidentiality but without full fiduciary obligations.
Related Indiana Agency Questions
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