Agency
In Iowa, a buyer's agent owes which of the following duties to their buyer-client?
ADisclosure of the seller's lowest acceptable price if known
BLoyalty, confidentiality, obedience, disclosure, reasonable care, and accounting✓ Correct
CDuty to disclose all offers received on any competing property
DObligation to show only MLS-listed properties
Explanation
Iowa agency law follows the common law fiduciary duties owed by an agent to a client: loyalty, confidentiality, obedience, disclosure of material facts, reasonable care and diligence, and accounting for all funds.
Related Iowa Agency Questions
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