Agency
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 facts✓ Correct
DFull disclosure of the seller's motivation
Explanation
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.
Related Delaware Agency Questions
- What is a 'fiduciary' and what makes the real estate agency relationship a fiduciary relationship in Delaware?
- What is 'implied agency' in Delaware real estate?
- A Delaware buyer's agent shows a property that is listed by the same brokerage. This creates what type of agency?
- A Delaware listing agent who receives an offer from a buyer represented by no agent has what obligation?
- In Delaware, a listing agreement is a contract between:
- The brokerage disclosure form required in Delaware must be signed by the consumer:
- A Delaware seller's agent learns that the property's roof has a significant undisclosed leak. The agent must:
- In Delaware, a transaction broker:
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →