True or false: All agents should disclose important material facts to buyers and sellers.

If you are not a single agent, the person you are working with is your ________.

client

customer

fiduciary

A person who delegates responsibility to another is a(n) ________.

principal

agent

fiduciary

A written disclosure is required if

you discuss one of your listings with someone you happen to meet at a party

you are selling a residential property with four or fewer units or 10 acres or less of agricultural property

someone calls you to ask general questions about a property

You contact someone who owns a FSBO property because you have a buyer who is interested in purchasing the property

you should never contact someone with a FSBO

you should have the FSBO owner complete a transaction broker disclosure

you should have the FSBO owner complete a no brokerage disclosure