What type of information will not be provided to customers?

Prepare for the TREC Law of Agency Exam. Study with multiple-choice questions and detailed explanations. Get confident for your test!

In the context of real estate transactions, advice on property investment is typically considered an aspect of the agent's fiduciary duty to their clients, rather than information that is shared with customers. Customers, in this case, refer to individuals who may be interested in purchasing or leasing a property but are not in a formal client-agent relationship.

When an agent provides information such as the condition of a property, local market trends, or property taxes, they are sharing factual information that does not involve a subjective interpretation or advice tailored to a specific individual's financial situation. However, advice on property investment inherently involves a level of interpretation, analysis, and personal insight that is more appropriately reserved for clients, who have a contractual relationship with the agent and therefore require a higher standard of service and confidentiality.

Thus, the distinction lies in the nature of the information: factual data can be shared with customers, while tailored advice based on that data is typically withheld to protect both the agent's professional judgment and the interests of their clients.

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