An agent is working with a buyer and a seller in a transaction. What is the agent's disclosure requirement?
A. To disclose the buyer's offer to the seller
B. To disclose the seller's acceptance to the buyer
C. To disclose their agency relationship to both parties
D. To disclose the property's defects to the buyer
Answer
Answer: C
The agent is required to disclose their agency relationship to both parties in the transaction, including whether they represent the buyer, seller, or both.