Agency
In Florida, the duty of 'obedience' owed by a single agent means:
AFollowing all instructions from the principal, including illegal ones
BFollowing the principal's lawful instructions even if the agent disagrees✓ Correct
CReporting all buyer offers to the principal regardless of price
DPresenting all offers regardless of agent opinion
Explanation
The single agent's duty of obedience requires following the principal's lawful and ethical instructions. An agent is never required to follow illegal, fraudulent, or unethical instructions.
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Key Terms to Know
Fiduciary Duty
The highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
State-Specific Concepts
Continuing Education
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