Agency
The duty of accounting in a real estate agency relationship requires the agent to:
AFile the client's taxes
BKeep accurate records of all funds and property received on behalf of the client✓ Correct
CProvide monthly financial statements to the client
DDisclose the agent's personal financial situation
Explanation
The duty of accounting requires the agent to safeguard all funds and property received on behalf of the client and keep accurate records that can be accounted for at any time.
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