Agency
In Maryland, a licensee acting as a seller's sub-agent owes fiduciary duties to:
AThe buyer
BThe seller✓ Correct
CBoth parties equally
DThe listing broker only
Explanation
A sub-agent (such as a cooperating agent working with a buyer in a subagency arrangement) owes fiduciary duties to the seller — the original principal — not to the buyer they are assisting.
Related Maryland Agency Questions
- A Maryland agent who knows that a seller is in financial distress and MUST sell quickly should:
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