Agency
Under Wisconsin agency law, a broker representing the seller owes which duty to the buyer?
AUndivided loyalty
BConfidentiality of all seller information
CHonest and fair dealing✓ Correct
DFiduciary duties identical to those owed the seller
Explanation
A seller's agent owes the buyer honest and fair dealing but does not owe the buyer fiduciary duties. The broker's fiduciary duties—loyalty, confidentiality, obedience—run to the seller client.
Related Wisconsin Agency Questions
- In Wisconsin, multiple representation (dual agency) requires:
- Under Wisconsin law, the principal in an agency relationship has the power to:
- Under Wisconsin law, an agent's authority to sign documents on behalf of a principal must be established by a:
- In a Wisconsin transaction where the buyer's agent shows a property listed by a different broker in the same firm, and no designated agency agreement is in place, this situation creates:
- A Wisconsin listing agent who discovers a material defect in the listed property must:
- Wisconsin's agency disclosure requirements are designed to ensure that consumers:
- In Wisconsin, when a buyer's agent also shows a property listed by their own brokerage firm, the situation may create:
- A Wisconsin seller's agent who acts as an undisclosed dual agent (without obtaining consent) may face:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →