California Real Estate Practice Exam

Under which circumstance may a Realtor reveal confidential information, according to the NAR code of ethics?

1. When the information benefits the Realtor

2. When given full informed consent by the client

3. When the client has not paid their fees

4. At the Realtor's discretion without consent

The correct answer is: When given full informed consent by the client

According to the NAR code of ethics, a Realtor may reveal confidential information only when given full informed consent by the client. This is to ensure that the client's trust and confidentiality is respected and protected. Option A is incorrect because revealing confidential information solely for the benefit of the Realtor goes against the ethical principles of the profession. Option C is incorrect because financial disputes should not be a determining factor in the disclosure of confidential information. Option D is incorrect because the Realtor should not disclose confidential information at their own discretion without the client's consent.