Agency
In Montana, a real estate agent who represents the buyer in a transaction must NOT do which of the following without the buyer's consent?
AShow the buyer properties within their price range
BDisclose the buyer's motivation, highest price, or financial position to the seller or seller's agent✓ Correct
CWrite an offer on behalf of the buyer
DRecommend that the buyer get a home inspection
Explanation
A buyer's agent must protect confidential buyer information. Disclosing the buyer's motivation, maximum price, or financial position to the seller without the buyer's consent is a breach of fiduciary duty.
Related Montana Agency Questions
- In Montana, if an agent represents neither the buyer nor the seller but facilitates the transaction, they are acting as a:
- Implied agency is created when:
- A Montana listing agent's duty to preserve the seller's confidential information continues:
- Under Montana law, confidential information learned during a buyer agency relationship:
- A buyer's agent in Montana has a fiduciary duty to:
- A Montana transaction broker (limited agent) owes which duties to both parties?
- A Montana listing agent who receives an offer significantly below list price must:
- An agent's fiduciary duty of loyalty requires the agent to:
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