How the exam uses designated agency
Confidential information does not travel between designated agents. Sharing a firm is not sharing confidences, and questions test exactly that.
This is one of the terms Georgia handles differently from most states. If you prepared with a national question bank, check what it taught you here, because that is exactly where the state supplement takes marks back. The full list of Georgia differences.
What a question on this looks like
Under BRRETA, a customer is owed:
Answer: Honesty and disclosure of material facts A customer has no brokerage engagement, so they receive honesty and material-fact disclosure. Loyalty, confidentiality and obedience belong to clients.
Related terms
- Dual agency: One broker representing both buyer and seller in the same transaction. Lawful in Georgia only with written informed consent from every client.
Drill this in context at practice by topic, or browse the full glossary.