Duties owed by a transaction facilitator to a customer

R.I. Gen. Laws § 5-20.6-4., under Chapter 5-20.6 Relationships in Residential Real Estate Transactions.

R.I. Gen. Laws § 5-20.6-4.

(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).