Agency
In Minnesota, which of the following illustrates the fiduciary duty of 'loyalty' owed by a buyer's agent to their client?
ATelling the buyer about a material defect in the property
BNot recommending a competing buyer make an offer on the same property the agent's client wants✓ Correct
CAttending the home inspection with the buyer
DExplaining the purchase agreement to the buyer
Explanation
Loyalty requires the agent to place the client's interests above all others, including the agent's own interests and those of third parties. Recommending other buyers for the same property would create a conflict.
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