Agency (alternative)
Under Maryland law, a buyer's agent who receives confidential information about a seller from a past listing engagement should:
AShare it with the buyer as it is now historical
BKeep it confidential — the duty of confidentiality survives the end of the prior agency✓ Correct
CDisclose only if it directly affects the purchase price
DInform the new listing agent
Explanation
Confidentiality duties survive the end of an agency relationship. Information received during a prior engagement with the seller must remain confidential even when subsequently representing a buyer.
Related Maryland Agency (alternative) Questions
- The Maryland agency disclosure law is primarily intended to ensure that consumers:
- In Maryland, which of the following could create an implied dual agency?
- In Maryland, the duty of a buyer's agent to 'negotiate on behalf of the buyer' means the agent should:
- An agency coupled with an interest in Maryland is:
- Under Maryland law, if a buyer's agent enters a new buyer-broker agreement with a buyer who is already represented by another broker, the agent should:
- Under Maryland's dual agency rules, a dual agent must obtain informed consent from:
- Under Maryland agency law, an agent's duty of 'accounting' requires the agent to:
- A Maryland seller's agent who fails to present an offer because they personally believe it is too low has:
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