In a no-brokerage relationship in Florida, a licensee is required to:

In a no-brokerage relationship in Florida, a

Multiple choice — select the best answer

AProvide full fiduciary services to both parties
BProvide limited representation as a transaction broker
CRepresent only the buyer's interests
DDeal honestly and fairly and disclose all known facts that materially affect property value

✓ Correct answer: D. Deal honestly and fairly and disclose all known facts that materially affect property value Even when operating under a no-brokerage relationship (non-representation), Florida law requires the licensee to deal honestly and fairly and to disclose all known facts that materially affect the value of residential real estate. All other fiduciary duties are absent.

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