Agency
What is a buyer's agent's primary fiduciary obligation in a Nevada transaction?
ATo ensure the seller receives the highest possible price
BTo act exclusively in the buyer's best interest, including negotiating the best possible price and terms✓ Correct
CTo protect the lender's investment
DTo ensure the transaction closes regardless of the buyer's concerns
Explanation
A buyer's agent in Nevada owes fiduciary duties exclusively to the buyer, including loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting. The primary obligation is to act in the buyer's best interest in all aspects of the transaction.
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