Humber/Ontario Real Estate Course 2 Exam Practice

What indicates an agent’s obligation in maintaining confidentiality?

1. The agent must maintain confidentiality only during the signed contract period

2. Confidentiality must be maintained even after contract expiry

3. The agent can disclose information once the agreement has been completed

4. The agent must maintain confidentiality if instructed by the client

5. Confidentiality is optional after agreement expiration

6. Details can be shared with third parties after the listing agreement ends

The correct answer is: Confidentiality must be maintained even after contract expiry

In this case, the correct answer is B. Maintaining confidentiality even after the contract expiry is crucial for an agent's obligation. The duty of confidentiality is a fundamental aspect of an agent's fiduciary duty to their client. It extends beyond the term of the agency relationship and continues even after the contract has ended. This is to ensure that the client's information remains protected and private. Options A, C, D, E, and F are incorrect because they do not accurately reflect the agent's obligation to maintain confidentiality even after the contract has expired. The duty of confidentiality is a continuous one and does not depend on the current status of the contract or the completion of any agreement.