Idaho Real Estate Practice Exam

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Study for the Idaho Real Estate Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare for your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following is an obligation of a broker toward their client?

Keep the transaction process secret
Provide full disclosure about property flaws
Limit communication with outside parties
Focus only on commission incentives

The correct answer is: Provide full disclosure about property flaws

Providing full disclosure about property flaws is indeed an obligation of a broker toward their client. This duty falls under the broader responsibility of a broker to act in the best interests of their client. Brokers are required to disclose all known material defects or issues related to a property, as failing to do so can lead to legal consequences and a breach of fiduciary duty. Transparency fosters trust and contributes to informed decision-making by the client, which is essential in real estate transactions. Maintaining secrecy about the transaction process, limiting communication with outside parties, or prioritizing commission incentives do not align with the ethical standards or legal obligations that govern a broker's conduct. Brokers have a duty to keep their clients informed and to advocate for their best interests while maintaining transparency about the properties they represent.