Agency
A seller's agent has a fiduciary duty of loyalty. This means the agent must:
ADisclose all material facts to both buyer and seller equally
BPlace the seller's interests above all others, including the agent's own✓ Correct
CNegotiate the lowest possible price for the buyer
DShare confidential seller information with the buyer's agent
Explanation
The duty of loyalty requires the agent to prioritize the client's (principal's) interests above all others, including the agent's own financial interests. This is the cornerstone of the fiduciary relationship.
Related California Agency Questions
- Which of the following is NOT a fiduciary duty an agent owes to their principal?
- In California, a real estate 'agent' as defined by the agency disclosure law refers to:
- Under an exclusive agency listing, the seller retains the right to:
- Which of the following actions would be a violation of an agent's duty of loyalty?
- In California, which form confirms the agency relationship at the time a purchase agreement is executed?
- A California salesperson who works for two different brokers simultaneously without disclosure is:
- A buyer's agent shows a buyer a property listed by her own broker. If neither agent is designated, this creates:
- Which of the following is NOT a fiduciary duty owed by an agent to a client?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →