Agency
An agent who purchases a listing client's property for themselves without full disclosure is guilty of:
APuffing
BSelf-dealing, a breach of fiduciary duty✓ Correct
CBlockbusting
DCommingling
Explanation
Self-dealing occurs when an agent acts in their own interest (e.g.
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Key Terms to Know
Fiduciary Duty
The highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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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