Agency
In Washington, a listing broker who maintains client confidentiality after closing is:
AOnly required to maintain confidentiality for 1 year after closing
BRequired to maintain confidentiality indefinitely — the duty survives the transaction✓ Correct
CNo longer bound by any confidentiality obligations after closing
DOnly required to maintain confidentiality if the client requests it in writing
Explanation
Under RCW 18.86, the duty of confidentiality survives the completion of the agency relationship.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
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