Question

He __________ states the existence of each broker’s fiduciary agency duty owed to the various parties to the transaction.

a) conflict of interest disclosure
b) agency confirmation provision
c) Transfer Disclosure Statement (TDS)

Answer 1

B.) Agency Confirmation Provision

Step-by-step explanation:

The agency confirmation by all brokers involved is first made as part of the purchase agreement offer, typically signed first by the buyer and then submitted to the seller.