Agency
Under Oregon law, which of the following is a non-waivable duty owed to ALL parties regardless of agency relationship?
ALoyalty
BConfidentiality
CDisclosure of all known material facts affecting the property✓ Correct
DObedience to all client instructions
Explanation
In Oregon, the duty to disclose known material facts affecting the property is owed to all parties regardless of whom the agent represents — this duty cannot be waived. It is distinct from fiduciary duties like loyalty and confidentiality which are owed only to clients.
Related Oregon Agency Questions
- A buyer's agent in Oregon who provides advice about the investment quality of a property they are representing may be at risk of liability for:
- In Oregon, an agency relationship is terminated by all of the following EXCEPT:
- A buyer's agent in Oregon owes which of the following duties EXCLUSIVELY to their buyer client?
- A seller in Eugene tells their listing agent they will not sell to an out-of-state buyer. What should the Oregon agent do?
- Under Oregon law, an agent who represents a seller owes the buyer which of the following duties?
- An Oregon buyer's agent has a personal relationship with a home inspector and plans to recommend that inspector to all their buyer clients. This practice:
- A real estate licensee in Oregon may not act as a principal (buyer or seller for their own account) in a transaction they are involved in as an agent without:
- The Oregon Initial Agency Disclosure Pamphlet must be provided to a consumer BEFORE the broker:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →