§ 59-858-358. Duties of broker following termination, expiration or completion of performance.  


Latest version.
  • Except as may be provided in a written brokerage agreement between the broker and a party to a transaction, the broker owes no further duties or responsibilities to the party after termination, expiration, or completion of performance of the transaction, except:

    1.  To account for all monies and property relating to the transaction; and

    2.  To keep confidential all confidential information received by the broker during the broker's relationship with a party.

Added by Laws 1999, c. 194, § 8, eff. Nov. 1, 2000.