Agency
What is 'conflict of interest' in Oregon real estate agency, and when must it be disclosed?
AAny situation where the agent disagrees with the client's decision
BA situation where the agent's personal interests or duties to others may compromise their ability to fully represent their client — must be disclosed promptly in writing✓ Correct
CA situation where two agents argue over a commission split
DOnly when the agent owns the property being sold
Explanation
A conflict of interest exists when an agent's personal interests, financial interests, or duties to other parties conflict with their ability to fully and loyally represent their client. Oregon law requires immediate written disclosure of conflicts of interest — such as personal financial interest in the transaction, prior relationship with the other party, or receiving compensation from other parties. The client then decides whether to consent or choose different representation.
Related Oregon Agency Questions
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