Agency
A Maryland licensee representing a buyer has a duty to:
ADisclose the buyer's financial limits to the seller
BNegotiate in the buyer's best interest and disclose material facts about the property✓ Correct
CPresent only properties that maximize the agent's commission
DShare the buyer's motivation with the listing agent
Explanation
A buyer's agent in Maryland must negotiate in the buyer's best interest and disclose all material facts about the property and transaction that could affect the buyer's decision.
Related Maryland Agency Questions
- In Maryland, an agency agreement with a buyer must be in writing to be enforceable if it:
- A Maryland buyer's agent who also represents the seller in the same transaction without written consent from both parties has created an:
- In Maryland, an agent's duty to maintain confidentiality of the client's personal and financial information:
- The duty of disclosure owed by a Maryland licensee to a customer (non-client) includes:
- A Maryland broker assigns different agents to represent the buyer and seller in the same in-house transaction. This is called:
- In Maryland, a seller's agent who receives two offers simultaneously must:
- Under Maryland law, a real estate agent is considered an agent of the:
- Under Maryland agency law, a 'disclosed dual agent' must:
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