Agency
An agent who discloses a buyer's financial desperation to a seller is violating the duty of:
ALoyalty
BObedience
CConfidentiality✓ Correct
DDisclosure
Explanation
Disclosing a buyer's confidential information (such as their willingness to pay more) violates the agent's fiduciary duty of confidentiality owed to the buyer.
Related Kentucky Agency Questions
- A Kentucky buyer's agent discovers after contract execution that the property has a significant foundation problem the seller did not disclose. The agent should:
- A Kentucky listing agent's fiduciary duty of loyalty requires the agent to place the seller's interests:
- An agent's duty to 'account' means the agent must:
- In Kentucky, an agent may not disclose which of the following about a buyer without consent?
- Which fiduciary duty requires a Kentucky agent to place the client's interests above all others, including the agent's own?
- Implied agency in Kentucky can be created when:
- The seller's property condition disclosure is required to be delivered to the buyer:
- A Kentucky licensee who acts as a buyer's agent must present the buyer with a written agency disclosure:
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