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According to REBBA 2002 a buyer or seller must be given notice when the registrant is one of the parties to the transaction. Which of

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According to REBBA 2002 a buyer or seller must be given notice when the registrant is one of the parties to the transaction. Which of the following statements correctly applies to this situation? a The requirement does not apply if a corporation owned by the registrant is the purchaser of the property. b The notice must include full disclosure of all facts within the registrant's knowledge that affect or will affect or will affected the value of the real estate. c The requirement does not apply if the property is not listed with the brokerage. d This requirement applies when the registrant is buying a property but not when the registrant is selling. Salesperson Chan of ABC Realty Inc. listed a property owned by Seller Harris. Salesperson Jarvis of XYZ Real Estate Limited, acting in sub-agency, sold the property to a customer, Buyer Nichols. Based on this information, identify the agency relationships and duties in this scenario. a Both ABC Realty Inc. and XYZ Real Estate Limited are in multiple representation and both brokerages fiduciary duties to the buyer and seller. b ABC Realty Inc. is acting in multiple representation and owes both buyer and seller fiduciary duties. XYZ Real Estate Limited owes fiduciary duties to the seller and third party duties to the buyer. c Seller Harris is a client of both ABC Realty Inc. and XYZ Real Estate Limited and is owed fiduciary duties both. Buyer Nichols is a customer and is owed third party duties by both brokerages. d XYZ Real Estate Limited is in multiple representation and owes fiduciary duties to both buyer and seller. ABC Realty Inc. owes fiduciary duties to the seller and third party duties to the buyer

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