Agency
A Montana real estate agent who represents a buyer in purchasing a property also owned by the agent's spouse must:
AProceed without disclosure since the agent represents the buyer
BDisclose the conflict of interest to the buyer immediately and obtain the buyer's informed written consent before proceeding✓ Correct
CHave the transaction reviewed by the Board of Realty Regulation before proceeding
DWithdraw from the transaction immediately with no further obligation
Explanation
An agent whose spouse owns the property being considered by their buyer-client has a serious conflict of interest requiring immediate disclosure and informed written consent from the buyer. Without this disclosure and consent, the agent is in breach of fiduciary duty regardless of their intent.
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