Agency
The moment an Indiana buyer's agent begins sharing their client's personal financial situation with the seller is:
AAcceptable — it helps sellers evaluate buyer strength
BA breach of the duty of confidentiality and potentially the duty of loyalty✓ Correct
CRequired by Indiana license law to facilitate the transaction
DAcceptable if the seller's agent asks
Explanation
A buyer's financial capabilities, motivations, and willingness to pay are confidential client information. Sharing this with the seller or their agent is a breach of the buyer's agent's fiduciary duties.
Related Indiana Agency Questions
- In Indiana, the duty of accounting in an agency relationship requires an agent to:
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