Florida Real Estate Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

Which two duties of the transaction broker are shared with the single agent?

Account for all funds and obedience

Confidentiality and full disclosure

Maintain limited confidentiality and deal honestly and fairly

Present all offers and use skill, care, and diligence

A transaction broker, unlike a single agent, does not have the same fiduciary duties to their clients. However, two duties that both a transaction broker and a single agent have in common are presenting all offers to the client and using skill, care, and diligence in their representation. This is because both types of agents have a responsibility to act in the best interest of their client and provide them with all relevant information. Options A, B, and C are incorrect because they only pertain to duties of a single agent, not a transaction broker.

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