Agency
Nebraska law imposes a duty on all licensees to treat all parties to a transaction with:
AFull fiduciary loyalty
BHonesty and fair dealing, regardless of who they represent✓ Correct
CSpecial consideration if they are first-time buyers
DNo specific duty toward unrepresented parties
Explanation
All licensees — whether representing buyer, seller, or acting as transaction broker — owe all parties the minimum duties of honesty, fair dealing, and disclosure of known material facts.
Related Nebraska Agency Questions
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