Agency
A Colorado buyer's agent who fails to conduct due diligence on a property before advising the client may be guilty of:
ANo wrongdoing since the buyer chooses what to buy
BBreach of the duty of care (negligence) owed to the buyer✓ Correct
COnly an ethical violation with no legal consequences
DA violation only if the property has physical defects
Explanation
Colorado brokers owe clients a duty of care, which requires them to exercise reasonable skill and care in representing their clients. Failure to conduct due diligence and advising a client based on insufficient investigation can constitute a breach of this duty.
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