Agency
Under Wisconsin agency law, a buyer's agent in a transaction where the seller is unrepresented owes the unrepresented seller:
AFull fiduciary duties
BHonesty, fair dealing, and disclosure of material adverse facts✓ Correct
CThe same duties as to the buyer-client
DNo duties whatsoever
Explanation
Even when the other party is unrepresented, Wisconsin licensees owe all parties (clients and customers) honesty, fair dealing, and disclosure of known material adverse facts.
Related Wisconsin Agency Questions
- A Wisconsin buyer's agent is showing a property that the seller's agent has indicated is in excellent condition. Upon observation, the buyer's agent notices evidence of water damage. The buyer's agent should:
- Which Wisconsin form is used to establish a buyer agency relationship?
- Under Wisconsin agency law, a broker representing the seller owes which duty to the buyer?
- Wisconsin's agency disclosure requirement helps consumers understand:
- A 'transaction broker' in Wisconsin:
- Wisconsin requires licensees to provide the pamphlet 'Working with Real Estate Agents' to consumers:
- Wisconsin's 'designated agency' allows a broker to:
- Under Wisconsin law, a 'designated agency' arrangement allows a broker to:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →