Agency
Under New Jersey law, the duty of 'obedience' in a fiduciary relationship requires the agent to:
AFollow all instructions from the client, including illegal ones
BFollow all lawful instructions of the principal promptly and faithfully✓ Correct
CObey only written instructions
DObey the NJREC above all client instructions
Explanation
The fiduciary duty of obedience requires agents to follow the principal's lawful instructions. An agent must not act on illegal instructions but must otherwise carry out the principal's wishes even if the agent personally disagrees with the decision.
Related New Jersey Agency Questions
- A NJ seller's agent who discovers that the property has a major foundation problem just before showing it to a buyer should:
- In New Jersey, the Consumer Information Statement (CIS) must be provided to buyers and sellers:
- In New Jersey, designated agency means:
- In NJ, if a property seller instructs their listing agent NOT to disclose that the neighborhood floods during heavy rain, the agent should:
- A New Jersey salesperson who is also a licensed mortgage broker in the same transaction must:
- Apparent (ostensible) authority in a NJ real estate agency context arises when:
- In NJ, an exclusive right-to-sell listing agreement guarantees the listing broker a commission if:
- In NJ, an agent who tells a buyer that a property 'has no known defects' when the agent knows of hidden mold is guilty of:
Practice More New Jersey Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Jersey Quiz →