Agency
A Texas buyer's agent who finds out their buyer client has accepted financing for a property other than the one in their current contract is obligated to:
AImmediately terminate the representation
BMaintain the information confidentially unless it relates to the current transaction and advise the client appropriately✓ Correct
CInform the seller that the buyer may back out
DContact the lender for clarification
Explanation
A buyer's agent owes confidentiality to their client. Information the buyer shares with their agent is generally confidential. The agent should advise the client about their obligations under the current contract and discuss any issues, but should not disclose confidential client information to the seller or other parties without the client's consent.
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