Agency
Under a dual agency arrangement in West Virginia, the agent may NOT:
ADisclose property defects to the buyer
BDisclose the seller's minimum acceptable price to the buyer✓ Correct
CPresent all offers to the seller
DAssist with completing the transaction paperwork
Explanation
In a dual agency, the agent cannot disclose confidential information from one party to the other, such as the seller's minimum acceptable price or the buyer's maximum willingness to pay.
Related West Virginia Agency Questions
- A West Virginia licensee represents a seller under a listing agreement. The listing agent's primary fiduciary duties include all of the following EXCEPT:
- A West Virginia listing broker who receives an offer that is contingent on the sale of the buyer's home must:
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- A West Virginia agent who acts within the scope of their authority and injures a third party may create liability for:
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- In West Virginia, a 'dual agency' occurs when:
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