Agency (alternative)
When a Maryland real estate agent retires from practice, their duty of confidentiality to former clients:
AExpires after 5 years
BContinues indefinitely even after retirement✓ Correct
CTransfers to the broker who takes over their clients
DOnly survives while the property is owned by the former client
Explanation
The duty of confidentiality survives the termination of the agency relationship and the licensee's retirement. Confidential client information must never be disclosed.
Related Maryland Agency (alternative) Questions
- In Maryland, which of the following is NOT a fiduciary duty owed by an agent to their client?
- Under Maryland law, a listing broker may share commission with a cooperating broker from another brokerage who represents the buyer. This is:
- When a Maryland buyer's agent submits an offer below list price, the agent is:
- Under Maryland's agency framework, a 'gratuitous agent' is an agent who:
- A Maryland agent's duty of confidentiality to a client survives:
- Maryland requires that the brokerage relationship disclosure be provided:
- A Maryland sub-agent of the seller discovers during a showing that the buyer is planning to demolish the home and build a larger one. The sub-agent should:
- A Maryland licensee who provides services to both the buyer and seller in the same transaction as a 'transaction broker' (where Maryland allows it) does NOT owe either party:
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