Agency
What is 'self-dealing' in the context of Nevada real estate agency law?
AAn agent negotiating their own commission
BAn agent using their position to benefit themselves at the expense of their principal without disclosure and consent — a violation of fiduciary duty✓ Correct
CAn agent independently handling all aspects of a transaction
DAn agent who handles their own personal real estate investments
Explanation
Self-dealing occurs when an agent uses their fiduciary position for personal gain at the principal's expense — such as steering a client toward a property the agent has an undisclosed ownership interest in. Without full disclosure and informed consent, self-dealing violates NRS 645 and the fiduciary duty of loyalty.
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