Section 5-20.6-4 - Duties owed by a transaction facilitator to a customer(a) A transaction facilitator owes the following duties to a customer: (1) To perform agreed-upon ministerial acts timely and competently;(2) To perform these acts with honesty, good faith, reasonable skill, and care;(3) To properly account for money or property placed in the care and responsibility of the principal broker; and(4) To protect confidential information when assisting customers as a dual facilitator.(b) A licensee acting as a transaction facilitator does not owe any fiduciary duties to a customer except those duties specified in subsection (a).R.I. Gen. Laws § 5-20.6-4
Amended by 2014 Pub. Laws, ch. 528, § 2, eff. 12/31/2014.Amended by 2013 Pub. Laws, ch. 38, § 2, eff. 5/24/2013.Amended by 2013 Pub. Laws, ch. 27, § 2, eff. 5/24/2013.P.L. 1989, ch. 141 § 2; P.L. 1990, ch. 425, § 2; P.L. 1993, ch. 397, §1; P.L. 2007 , ch. 344, § 1; P.L. 2007 , ch. 403, § 1.