Homework Help

[Josh Jacobsen]

I'm looking for clarification on a question from the Washington State Real Estate Course, if anybody is willing to weigh in. I think this is a bad question because of the shift from designated broker to client from question to answer, but does the answer change? Or is it still the duty of disclosure, regardless?

Thanks!

12.A broker is responsible for keeping the designated broker informed of all facts that could affect a transaction. This is known as the duty of

A. care.

B. obedience.

C. accountability.

D. disclosure.

Correct answer is D. The fiduciary duty of disclosure means the broker is responsible for informing the client of all information that could affect the transaction. It includes providing the proper documents that are used in a transaction such as the property disclosure form and lead-based paint disclosure forms.

The correct answer is D. You answered C.

@Bill G.