In the transaction between Sima and Burt, who is considered the client?

Study for the Indiana 90-Hour Broker Course Exam. Master key concepts with multiple-choice questions, detailed explanations, and expert tips. Prepare thoroughly for success!

In a real estate transaction, the client is typically defined as the party with whom the real estate agent has a contractual relationship. This relationship establishes obligations and duties, enabling the agent to act on behalf of the client in the transaction.

In the scenario involving Sima and Burt, if Sima has engaged a broker to represent her interests in the transaction, she would be the client. This means that Sima has a fiduciary relationship with her broker, who is obligated to act in her best interests when negotiating or conducting the sale or purchase.

It's also important to note that Burt could be involved as a party in the transaction, perhaps as the seller or buyer, but unless he has a contractual relationship with an agent, he would not be considered the client in this context.

This distinction is crucial for understanding the responsibilities of real estate agents and the nature of the representation they provide, ensuring that the client's needs and goals are prioritized throughout the transaction.

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