Agency
In Louisiana, a buyer working with a real estate licensee but without a signed buyer representation agreement is typically treated as a:
AClient with full fiduciary duties
BCustomer receiving limited, non-fiduciary services✓ Correct
CDual client with shared duties
DSubagent of the listing broker
Explanation
Without a signed buyer representation agreement, the buyer is treated as a customer (not a client). The licensee may assist them but owes limited duties — honesty, disclosure of material facts — rather than full fiduciary duties.
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