Agency
In Nevada, what is an agent's fiduciary duty after the transaction closes?
AAll fiduciary duties end at closing
BThe duty of confidentiality survives closing — the agent cannot disclose former client information that could be used against them in future transactions✓ Correct
CAll duties continue indefinitely after closing
DFiduciary duties convert to standard business relationship duties at closing
Explanation
Most fiduciary duties end when the agency relationship terminates (at closing). However, the duty of confidentiality survives the end of the agency relationship. Nevada agents cannot disclose confidential client information — like motivation, financial capacity, or willingness to accept — even after the transaction closes.
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