Which fiduciary duty requires an agent to place the client's interests above all others, including the agent's own interests?
Why Loyalty Is Correct
Answer B: Loyalty
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
Related Arizona Questions
- The fiduciary duty of 'loyalty' requires an agent to:Agency
- The fiduciary duty of 'obedience' requires an agent to:Agency
- An Arizona licensee who refers a client to a home inspector they have a financial interest in without disclosure is violating the duty of:Agency
- A listing agent's PRIMARY fiduciary duty runs to the:Agency
Key Terms to Know
The highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
Study This Topic
Practice More Arizona Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →