Michigan Real Estate Exam Practice Question
A limited service agreement may allow a broker to omit which of the following?
Correct Answer: B
Rationale: A limited service agreement permits a broker to forgo certain responsibilities while maintaining essential duties. Omitting the acceptance of delivery and presentation of offers and counteroffers allows the broker to reduce their involvement in negotiations, which aligns with the limited service model.
Option A is incorrect as compliance with laws is a fundamental obligation that cannot be waived. Option C is wrong because a broker must always act in the client's best interest, regardless of the service level. Option D is also incorrect; confidentiality is a critical duty that remains intact to protect the client's sensitive information.
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