ABR Practice Questions - Accredited Buyer's Representative (NAR REBAC) Exam

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An ABR designee shows a buyer client a property and discovers the seller has cancer that may affect the timing of closing. What is the agent's duty regarding this confidential information?

Disclose the seller's illness to the buyer to help negotiate a lower price Keep the information confidential because the seller is the agent's client Maintain the seller's confidentiality because confidentiality is owed to all parties under common law Confidentiality is owed only to the agent's own client, the buyer; the seller's medical information is not material to the property and is not the buyer's agent's duty to disclose

Correct Answer:

Confidentiality is owed only to the agent's own client, the buyer; the seller's medical information is not material to the property and is not the buyer's agent's duty to disclose

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