Principles of Real EstateCâu 1 / 120
In a general agency relationship, which duty requires a real estate licensee to place the principal's interests above the licensee's own?
a.The duty of loyalty (obedience and putting the principal first)
b.The duty of price fixing
c.The duty to guarantee a sale
d.The duty to appraise the property
Giải thích
Loyalty is a core fiduciary duty owed by an agent to a principal, requiring the agent to act in the principal's best interest. In Florida, however, most licensees work as transaction brokers rather than single agents, which changes the specific duties owed. Fiduciary-style duties are strongest in a single-agent relationship.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under Florida law, what is the default brokerage relationship presumed when a licensee deals with a member of the public?
- Which of the following best describes 'real property'?
- The 'bundle of rights' in real property ownership includes the right to do all of the following EXCEPT:
- An item that was once personal property but has become permanently attached to real estate is called a:
- Which government power allows the taking of private property for public use with just compensation?
- When a person dies without a will and without legal heirs, ownership of the property passes to the state through:
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