Wisconsin Real Estate Sales Practice Exam

Which agency duty survives the transaction?

1. Accountability

2. Transparency

3. Confidentiality

4. Disclosure

The correct answer is: Confidentiality

Confidentiality is the agency duty that survives the transaction because it involves the obligation of the agent to keep certain sensitive information private, even after the transaction has been completed. This duty protects the client’s personal and financial information, which must not be disclosed without the client's permission. Unlike other duties such as accountability, transparency, and disclosure, which may become less relevant or are fulfilled during the course of a transaction, confidentiality remains in effect to ensure that the trust built between the agent and the client continues beyond the business relationship. Agents must be careful to safeguard information that could affect their clients even after closing, thereby reinforcing the integrity of the representation.