Agency
In Tennessee, the duty of 'confidentiality' in an agency relationship means the agent must:
ANever discuss any aspect of the transaction with anyone
BKeep confidential information shared by the client that could harm the client's negotiating position✓ Correct
CWithhold all material facts about the property from the other party
DRefuse to answer any questions from the other party
Explanation
Confidentiality requires the agent to protect information shared in confidence by the client — particularly information that could weaken the client's negotiating position — but does not allow concealing material property defects.
Related Tennessee Agency Questions
- The 'right to control' test in determining employment versus independent contractor status in real estate focuses on whether:
- In Tennessee, a buyer's agent must disclose to the buyer all known material facts about the property, including:
- In Tennessee, a seller's agent must disclose to the buyer all of the following EXCEPT:
- In Tennessee, a seller's real estate agent who also represents the buyer in the same transaction without proper disclosure and consent has committed:
- In Tennessee, a 'seller's agent' may ethically share which of the following information about the seller with the buyer?
- A Tennessee listing agent who is also a licensed property manager may manage a property they helped the seller list only if:
- A Tennessee listing agreement that describes the property incorrectly could result in:
- Tennessee's agency laws require all licensees to avoid 'self-dealing.' Self-dealing means:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →