Which of the following duties does an agent NOT owe to a third party?

Prepare for the Real Estate Risk Management Test. Utilize interactive questions and detailed explanations to build confidence before the exam. Gain insights into risk analysis and strategic management for real estate success!

An agent has specific duties toward third parties that focus primarily on maintaining professionalism and ethical standards in transactions. Confidentiality is a duty that primarily exists between the agent and their client. This means that agents are required to keep the client's information confidential and cannot disclose it to third parties without the client's permission.

In contrast, honesty, disclosure, and care and skill are duties that the agent owes to third parties during a transaction. Honesty ensures that an agent presents facts truthfully without deceit. Disclosure involves informing third parties of material facts that could affect their decisions about the property. Care and skill refer to the agent's obligation to act competently and diligently in the interests of all parties involved.

Thus, confidentiality is rightly recognized as a duty that the agent does not owe to third parties, highlighting the boundaries of the agent's responsibilities in real estate transactions.

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