Which statement BEST describes the role of a broker acting as an intermediary in Texas?

A) The intermediary's duties are more restricted than a true agent's duty to one principal.
B) The broker represents both the buyer and seller and may disclose confidential information unless specifically instructed not to do so.
C) The intermediary must remain impartial to the interests of both parties and must maintain confidentiality with both parties.
D) The broker is paid by the seller and must not disclose any confidential information to the buyer.

Answer: A) The intermediary's duties are more restricted than a true agent's duty to one principal.
The intermediary must remain impartial to the interests of both parties and must maintain confidentiality with both parties. A real estate broker acting as an intermediary is a limited agent of both parties and is specifically prohibited from disclosing confidential information unless instructed in writing or the information materially relates to the condition of the property.

Business

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