Agency
In New Hampshire, an agent may represent a buyer as a customer (non-client) rather than a client. As a customer, the buyer receives:
AFull fiduciary duties
BHonest and good-faith treatment and material fact disclosure, but no fiduciary duties✓ Correct
CNo duties of any kind from the agent
DAll fiduciary duties except loyalty
Explanation
When a buyer is treated as a customer (not a client/principal), the agent owes them honest treatment, good faith, and disclosure of material facts — but not the full fiduciary duties owed to a client.
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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.
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