Agency
In Indiana, a seller's agent may share confidential client information with a buyer if:
AThe buyer asks a direct question
BThe seller gives written authorization to disclose the specific information✓ Correct
CThe information is listed in the MLS
DThe disclosure would help close the deal
Explanation
A seller's agent owes the seller confidentiality. The agent may only disclose confidential information (such as the seller's motivation or minimum acceptable price) if the seller authorizes such disclosure in writing.
Related Indiana Agency Questions
- An exclusive right-to-sell listing guarantees the listing broker a commission if:
- Ostensible (apparent) authority in an Indiana real estate agency occurs when:
- Constructive fraud in an Indiana real estate transaction occurs when:
- Indiana's 'informed consent' standard for agency relationships means the consumer must:
- A buyer's agent in Indiana who also owns the property the buyer is interested in purchasing must:
- An Indiana seller's agent who learns their client is behind on mortgage payments should:
- When does an agency relationship typically terminate?
- In Indiana, written agency disclosure must be provided to a consumer:
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