License Law & RulesCâu 28 / 120
Which of the following is one of the duties a Florida single agent owes that a transaction broker does not?
a.Dealing honestly and fairly
b.Accounting for all funds
c.Disclosing known material facts affecting value
d.Loyalty and full confidentiality to the principal
Giải thích
A single agent owes full fiduciary duties including loyalty, confidentiality, obedience, and full disclosure to the principal. A transaction broker owes a more limited set of duties and does not owe loyalty or full confidentiality. Both relationships require honesty, accounting, and disclosure of material facts.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which Florida body is primarily responsible for administering and enforcing the real estate license law under Chapter 475?
- Under Florida law, a sales associate must perform licensed real estate activities under the supervision of:
- A real estate licensee who represents a buyer or seller with limited representation, not as a fiduciary, is acting as a:
- Escrow funds held by a broker must generally be:
- Commingling, a violation of Florida real estate law, refers to:
- To be eligible for an initial Florida sales associate license, an applicant must generally be at least:
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