Agency
A North Dakota seller's agent may share all of the following with a buyer EXCEPT:
AThe property's listing price
BKnown material defects of the property
CThe seller's minimum acceptable price✓ Correct
DThe property's square footage
Explanation
A seller's agent owes the seller confidentiality. The seller's minimum acceptable price (motivation) is confidential information that could hurt the seller's negotiating position and must not be disclosed to buyers without the seller's permission.
Related North Dakota Agency Questions
- In North Dakota, the 'scope of authority' of a real estate agent working under a listing agreement is:
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- A North Dakota agent's duty to 'disclose material facts' requires disclosing:
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