Agency
A Nebraska agent who represents the buyer in a for-sale-by-owner (FSBO) transaction owes:
ANo duties to the seller because there is no listing relationship
BFiduciary duties to the buyer and duties of honesty and fair dealing to the seller✓ Correct
CEqual duties to both buyer and seller
DThe same duties as in a dual agency
Explanation
In a FSBO transaction with a buyer's agent, the agent owes full fiduciary duties to the buyer and minimum duties of honesty, fair dealing, and disclosure of material facts to the unrepresented seller.
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