Agency
The duty of 'disclosure' in a Utah agency relationship requires an agent to:
ATell the client everything they know regardless of relevance
BShare all information that is material to the client's decision-making✓ Correct
COnly disclose information requested by the client
DDisclose information only after the transaction closes
Explanation
Agents owe their clients the duty to disclose all material facts—information that could reasonably affect the principal's decision to enter into the transaction, negotiate differently, or reconsider the deal. This duty applies throughout the transaction.
Related Utah Agency Questions
- In Utah, a buyer's agent owes which of the following duties to the seller?
- Utah requires that an agency disclosure be provided to a buyer or seller:
- In Utah, a transaction coordinator who performs only administrative functions (scheduling, document collection) without negotiating:
- A Utah agent shows a buyer homes. The buyer reveals they can pay $50,000 more than the asking price. The agent discloses this to the seller without the buyer's permission. This is a violation of:
- Utah's agency disclosure form must be provided to consumers:
- A Utah listing agent who has knowledge that the home was the site of a prior murder or suicide must:
- Under a Utah buyer representation agreement, the buyer's agent owes the buyer the duty of:
- A Utah real estate licensee acting as a buyer's agent signs a buyer representation agreement. This agreement:
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →