Agency
In Ohio, a licensee who represents the seller but works with the buyer is called a:
ADual agent
BSeller's agent✓ Correct
CTransaction broker
DSub-agent
Explanation
A licensee working for the seller but working with an unrepresented buyer is acting as the seller's agent. They owe fiduciary duties to the seller and must be honest and fair to the buyer.
Related Ohio Agency Questions
- In Ohio, a licensee may represent both buyer and seller in the same transaction as a dual agent ONLY if:
- What are the fiduciary duties owed by an Ohio agent to their client?
- An Ohio buyer's agent discovers the seller has accepted a higher backup offer. The agent should:
- Which of the following is a 'material fact' that an Ohio licensee must disclose to all parties?
- What is the duty of disclosure an Ohio agent owes to their client?
- The duty of 'reasonable care and diligence' requires an Ohio agent to:
- Under Ohio law, an agent's authority to act on behalf of a principal is terminated by:
- The Ohio concept of 'disclosed dual agency' means the agent:
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