Real Estate Principles 1 Practice Exam

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Which is not an obligation of a real estate agent as a real estate brokerage practitioner?

Maintaining client confidentiality

Being informed on race and religious identities prominent in certain neighborhoods

Disclosing known material facts

The key idea is ethical and legal duties in real estate practice. A brokerage practitioner must keep client information confidential, disclose known material facts about a property, and act honestly in all representations and actions. Being informed about racial or religious identities prominent in certain neighborhoods is not an obligation—and it’s inappropriate, because it can lead to discrimination and violations of fair housing laws. Professional practice requires avoiding use of protected characteristics to influence decisions and instead focusing on objective property information and truthful disclosures. The other duties—confidentiality, disclosure of known material facts, and honesty—are all required obligations.

Acting honestly