Agency
In Connecticut, a buyer's agent owes fiduciary duties to:
AThe seller and the listing broker
BThe buyer exclusively✓ Correct
CBoth buyer and seller equally
DThe Connecticut Real Estate Commission
Explanation
A buyer's agent represents the buyer exclusively and owes fiduciary duties—including loyalty, confidentiality, disclosure, obedience, and reasonable care—solely to the buyer.
Related Connecticut Agency Questions
- A Connecticut buyer's agent has a client under contract to purchase a home. The agent learns through industry contacts that the seller has been served with a foreclosure notice. This is material information the buyer's agent should:
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