AgencyIntermediateAlaska Exam

An Alaska buyer's agent owes which of the following duties to the buyer-client?

ADisclosure of all offers received on the listing
BUndivided loyalty, confidentiality, and full disclosure of material factsCorrect
CPresenting only offers at or above the listing price
DReporting the buyer's financial status to the seller, under standard practice

Why Undivided loyalty, confidentiality, and full disclosure of material facts Is Correct

Answer B: Undivided loyalty, confidentiality, and full disclosure of material facts

A buyer's agent owes fiduciary duties to the buyer, including loyalty, confidentiality, obedience, disclosure, reasonable care, and accounting — not to the seller.

Exam Tip: Agency

Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.

Key Agency Terms in This Question

People Also Study

Practice More Alaska Real Estate Questions

1,400+ questions covering all exam topics. Start free — no signup required.

Take the Free Alaska Quiz →