Agency
A Wyoming buyer's agent who helps their client purchase a property where the agent also has a financial interest (such as being a partner in the selling LLC) must:
AConceal the interest to avoid alarming the buyer
BFully disclose the financial interest to the buyer and obtain informed written consent✓ Correct
CWithdraw from the transaction automatically
DOnly disclose if the buyer directly asks about conflicts of interest
Explanation
When an agent has a financial interest in a property they are helping a client purchase, this creates a significant conflict of interest. Wyoming requires full disclosure of such conflicts and the informed written consent of the client. Without disclosure, the agent violates their fiduciary duty.
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