Agency
The fiduciary duty of 'loyalty' in a Maryland agency relationship means the agent must:
AAlways prioritize the buyer's interests
BPut the client's interests above all others, including the agent's own interests✓ Correct
CRemain loyal to the broker at all times
DFollow MLS rules over the client's wishes
Explanation
Loyalty requires the agent to place the client's interests first — above all others, including the agent's own financial interests — in every aspect of the relationship.
Related Maryland Agency Questions
- In Maryland, the agency relationship between a licensee and client must be disclosed:
- A Maryland broker assigns different agents to represent the buyer and seller in the same in-house transaction. This is called:
- What is the primary purpose of the Maryland agency disclosure form ('Understanding Whom Real Estate Agents Represent')?
- In Maryland, a buyer's agent is showing properties outside the buyer's specified price range without permission. This is a violation of the duty of:
- In Maryland, when does an agency relationship with a seller typically end?
- In Maryland, a buyer who signs a buyer-broker agreement for a 90-day period and then tries to terminate the agreement early:
- The duty of disclosure owed by a Maryland licensee to a customer (non-client) includes:
- Under Maryland's agency law, the duties of a seller's agent to the seller include all of the following EXCEPT:
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