Which statement best describes No Brokerage Relationship in Florida?

• A. No Brokerage Relationship Notice
• B. No Brokerage Relationship
• C. Transaction Brokerage
• D. Designated Sales Associates

Answer: (B)

In Florida, No Brokerage Relationship means the licensee does not represent either party in a fiduciary capacity. The agent can help with information and forms and facilitate the transaction, but there are no duties of loyalty, confidentiality, or obedience owed to either buyer or seller. The licensee must still deal honestly and fairly and disclose known material facts, and they must inform both parties that no agency relationship has been formed.

This description matches the choice describing No Brokerage Relationship itself. The related term No Brokerage Relationship Notice is simply the written disclosure given to parties to make the lack of representation clear, while Transaction Brokerage and Designated Sales Associates refer to other ways a broker can structure representation.