Agency
An agent who discloses a seller's motivation (e.g., 'The seller must sell quickly due to a job relocation') to the buyer without the seller's permission has violated the duty of:
ADisclosure
BLoyalty and confidentiality✓ Correct
CObedience
DAccounting
Explanation
Revealing the seller's confidential motivation without permission violates the agent's fiduciary duties of loyalty and confidentiality, which require protecting the client's sensitive information.
People Also Study
Related Nebraska Questions
- A Nebraska seller's agent learns that the seller is divorcing and must sell quickly. Sharing this information with the buyer would violate the duty of:Agency
- An agent's fiduciary duty of disclosure to a buyer client includes disclosing:Agency
- An agent who volunteers information to benefit the client that the client did not ask for is fulfilling the duty of:Agency
- A Nebraska seller's agent presents a low offer to the seller but recommends rejecting it without disclosing the full terms to the seller. This violates the duty of:Agency
Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
Study This Topic
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →