Agency
Under Kentucky agency law, an agent's duty of care requires them to:
AGuarantee the buyer will be satisfied with the property
BPerform their duties with the skill and care of a competent professional✓ Correct
CPersonally inspect every component of every property shown
DProvide legal advice about the transaction
Explanation
The duty of care requires a licensee to exercise the skill and care of a competent, knowledgeable real estate professional in performing their duties — not those of an inspector, attorney, or appraiser.
Related Kentucky Agency Questions
- A Kentucky listing agent has a listing expire without selling. The seller immediately lists with another broker. The original listing agent may still be entitled to a commission if:
- A buyer's representation agreement in Kentucky:
- A Kentucky agent who negotiates a commission rebate back to the buyer without the seller's knowledge or consent may be:
- When a Kentucky buyer's representative negotiates on behalf of a buyer, the agent's goal is to:
- If a buyer's agent learns through due diligence that a seller's disclosure was inaccurate, the agent should:
- In Kentucky, a 'disclosed limited agent' represents:
- Which of the following is NOT a fiduciary duty owed by an agent to their client?
- When must a Kentucky licensee provide the agency disclosure to a buyer?
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