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________________ ________________ INITIALS INITIALS ©2019 AIR CRE.All Rights Reserved.Last Edited:3/8/2022 9:08 AM AD-3.01,Revised 10-22-2020 Page 4 of 4 prohibited by this arƟcle if the requirements of SecƟon 2079.14 and SecƟon 2079.17 are complied with. 2079.21 (a)A dual agent may not,without the express permission of the seller,disclose to the buyer any confidenƟal informaƟon obtained from the seller.(b)A dual agent may not,without the express permission of the buyer,disclose to the seller any confidenƟal informaƟon obtained from the buyer.(c)“ConfidenƟal informaƟon” means facts relaƟng to the client’s financial posiƟon,moƟvaƟons,bargaining posiƟon,or other personal informaƟon that may impact price,such as the seller is willing to accept a price less than the lisƟng price or the buyer is willing to pay a price greater than the price offered.(d)This secƟon does not alter in any way the duty or responsibility of a dual agent to any principal with respect to confidenƟal informaƟon other than price. 2079.22 Nothing in this arƟcle precludes a seller’s agent from also being a buyer’s agent.If a seller or buyer in a transacƟon chooses to not be represented by an agent,that does not,of itself,make that agent a dual agent. 2079.23 (a)A contract between the principal and agent may be modified or altered to change the agency relaƟonship at any Ɵme before the performance of the act which is the object of the agency with the wriƩen consent of the parƟes to the agency relaƟonship.(b)A lender or an aucƟon company retained by a lender to control aspects of a transacƟon of real property subject to this part,including validaƟng the sales price,shall not require,as a condiƟon of receiving the lender’s approval of the transacƟon,the homeowner or lisƟng agent to defend or indemnify the lender or aucƟon company from any liability alleged to result from the acƟons of the lender or aucƟon company.Any clause,provision,covenant,or agreement purporƟng to impose an obligaƟon to defend or indemnify a lender or an aucƟon company in violaƟon of this subdivision is against public policy,void,and unenforceable. 2079.24 Nothing in this arƟcle shall be construed to either diminish the duty of disclosure owed buyers and sellers by agents and their associate licensees,subagents, and employees or to relieve agents and their associate licensees,subagents,and employees from liability for their conduct in connecƟon with acts governed by this arƟcle or for any breach of a fiduciary duty or a duty of disclosure. AIR CRE *hƩps://www.aircre.com *213-687-8777 *contracts@aircre.com NOTICE:No part of these works may be reproduced in any form without permission in wriƟng.