California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 6. SERVICE |
Chapter 3. Service Without Employment |
ARTICLE 2. Duty to Prospective Purchaser of Residential Property |
Section 2079.21.
Latest version.
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A dual agent shall not disclose to the buyer that the seller is willing to sell the property at a price less than the listing price, without the express written consent of the seller. A dual agent shall not disclose to the seller that the buyer is willing to pay a price greater than the offering price, without the express written consent of the buyer.
This section does not alter in any way the duty or responsibility of a dual agent to any principal with respect to confidential information other than price.
(Added by Stats. 1995, Ch. 428, Sec. 10. Effective January 1, 1996.)