AgencyIntermediateDelaware Exam
A seller's agent in Delaware owes which of the following duties to the buyer?
ALoyalty and confidentiality
BObedience to buyer's instructions
CHonest dealing and disclosure of material factsCorrect
DFull disclosure of the seller's motivation
Why Honest dealing and disclosure of material facts Is Correct
Answer C: Honest dealing and disclosure of material facts
Even as a seller's agent, the licensee owes the buyer honest dealing and disclosure of material facts affecting the property. The duties of loyalty and confidentiality run to the seller.
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.
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