In Delaware, which of the following is a fiduciary duty owed by a buyer's agent to their buyer-client?
Why Putting the buyer's interests ahead of the agent's own interests Is Correct
Answer B: Putting the buyer's interests ahead of the agent's own interests
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.
Key Agency Terms in This Question
The highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Related Delaware Agency Questions
- What is 'dual agency' and what are its limitations in Delaware?Agency
- In Delaware, a real estate salesperson represents a buyer. The salesperson's broker has the property listed. This is a situation that requires:Agency
- What is the 'scope of authority' in a Delaware real estate agency relationship?Agency
- A Delaware buyer's agent discovers that the property has a history of flooding not disclosed by the seller. What should the agent do?Agency
- In Delaware, when does an agency relationship with a buyer most commonly begin?Agency
- What is an 'open listing' in Delaware real estate?Agency
- A Delaware seller's agent learns that the property's roof has a significant undisclosed leak. The agent must:Agency
- In Delaware, which of the following would most likely terminate a listing agreement by operation of law?Agency
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →