Agency
A real estate licensee in Connecticut who represents a buyer in a cooperative (co-op) transaction owes the same fiduciary duties as in any other transaction. This is because:
ACo-op transactions are governed by different laws
BAgency duties apply to all real estate transactions regardless of property type✓ Correct
COnly commercial agents owe fiduciary duties
DConnecticut exempts co-op transactions from agency requirements
Explanation
Agency relationships and fiduciary duties apply to all real estate transactions in Connecticut, regardless of whether the property is a single-family home, condominium, cooperative, or commercial building.
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