Question 3True or false. A real estate agent has the duty to keep their client’s information confidential throughout the client’s lifetime. This duty extends even past the closing of the transaction.
Question
Question 3True or false. A real estate agent has the duty to keep their client’s information confidential throughout the client’s lifetime. This duty extends even past the closing of the transaction.
Solution
True. A real estate agent is obligated to keep their client's information confidential, not only during the transaction but also after it is closed. This duty continues even after the client's lifetime. This is part of the fiduciary duties that a real estate agent owes to their client, which includes loyalty, confidentiality, obedience, full disclosure, accounting, and reasonable care/diligence.
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