License Law & AgencyCâu 40 / 100
A seller's agent owes the fiduciary duty of loyalty to the:
a.Seller (principal)
b.Buyer
c.Lender
d.General public
Giải thích
The duty of loyalty requires the agent to place the principal's interests above all others, including the agent's own. A seller's agent owes that loyalty to the seller. The agent must still treat the buyer honestly and fairly and disclose known material defects.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An agency relationship is terminated by all of the following EXCEPT:
- A licensee who exaggerates a property's qualities with a non-factual opinion, such as calling a view 'the most breathtaking in town,' is engaging in:
- In New York, a real estate salesperson's license is:
- A material defect that a seller's agent knows about the property must be:
- The relationship in which a broker represents a buyer client is known as:
- Which act by a licensee would most likely be grounds for revocation of a New York real estate license?
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Đội Ngũ Biên Tập PrepPass · Đối chiếu với New York Real Estate Salesperson Licensing Exam · Quy trình kiểm tra