Agency
In Delaware, which of the following is a fiduciary duty owed by a buyer's agent to their buyer-client?
ADisclosing the buyer's maximum purchase price to the seller
BPutting the buyer's interests ahead of the agent's own interests✓ Correct
CAdvising the seller to accept the buyer's offer
DEnsuring the seller discloses all material facts
Explanation
A buyer's agent in Delaware owes fiduciary duties to the buyer, including loyalty — which means placing the buyer's interests above the agent's own interests and above the interests of all other parties.
Related Delaware Agency Questions
- Delaware's Seller Agent Disclosure requires that the listing agent provide the seller with written disclosure of agency:
- In Delaware, a buyer's agent owes the buyer the fiduciary duty of obedience. This means the agent must:
- A listing broker whose salesperson shows a property to a buyer who is not represented creates what type of relationship between the salesperson and the buyer?
- A Delaware broker represents both the seller and the buyer in the same transaction. The broker must:
- What is an 'open listing' in Delaware real estate?
- An agent's duty of obedience requires the agent to:
- In Delaware, which of the following would most likely terminate a listing agreement by operation of law?
- An agent who fails to disclose a material defect in a property they represent has violated the duty of:
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →