FAILURE TO PROTECT CONFIDENCES

A broker may not use confidential information given to him or her by his or her client, in the course of the agency relationship, in competition with the client or in ways that hurt the client. This does not apply to information, which is generally known. For example, if a broker learns confidential information about a client’s finances, the broker may not use that information later, to benefit another client in a different deal with the former client or his or her property.

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