Final answer:
A broker must disclose material facts, their role, fiduciary duties, and conflicts of interest in a single agency relationship.
Step-by-step explanation:
A broker is required to disclose certain information in a single agency relationship. This includes disclosing any known material facts that could affect the value or desirability of a property. The broker must also disclose their role as an agent representing the buyer or seller, their fiduciary duties, and any conflicts of interest.
For example, if a broker knows that a property has significant structural damage, they must disclose this information to the client. This allows the client to make an informed decision about whether or not to proceed with the transaction.
Overall, the goal of the disclosure requirements is to ensure transparency and protect the interests of all parties involved in the real estate transaction.