Agency
An agent's duty of reasonable care requires the agent to:
AGuarantee the accuracy of all information provided
BExercise the skill and diligence of a competent real estate professional✓ Correct
CPersonally inspect all structural elements of the property
DComplete all transactions within 30 days
Explanation
The duty of reasonable care requires agents to exercise the knowledge, skill, and diligence reasonably expected of a competent real estate professional in their market.
Related Indiana Agency Questions
- In Indiana, a broker must provide a written summary of agency relationships to consumers in a commercial transaction:
- A buyer's agent in Indiana owes fiduciary duties to the buyer. Which of the following is NOT one of those fiduciary duties?
- An Indiana seller's agent who is asked by the buyer whether the seller has had any offers may:
- The moment an Indiana buyer's agent begins sharing their client's personal financial situation with the seller is:
- A transaction broker (facilitator) in Indiana provides:
- An Indiana buyer asks their buyer's agent to help them make an offer on a For Sale By Owner (FSBO) property. The buyer's agent should:
- An Indiana property manager acting as an agent for a corporate owner (principal) must take direction from:
- In Indiana, a 'non-exclusive buyer agency agreement' differs from an exclusive agreement in that:
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →