Agency
A North Dakota buyer's agent owes which of the following duties to the seller?
ALoyalty, confidentiality, and full disclosure
BHonest and fair dealing✓ Correct
CPromotion of the seller's best interests
DObedience to seller's instructions
Explanation
Even as a buyer's agent, the licensee owes the unrepresented seller honest and fair dealing. The full fiduciary duties of loyalty, confidentiality, and promotion of interests are owed only to the buyer-client.
Related North Dakota Agency Questions
- An agency relationship is terminated when:
- A North Dakota listing agent should periodically update the seller on market conditions and activity even if no offers have been received. This reflects the duty of:
- A North Dakota agent who is representing a buyer in a new construction purchase should be aware that:
- A North Dakota buyer's broker agreement that is exclusive gives the broker the right to:
- A North Dakota listing agent who deceives a buyer about the property's flood history may be liable for:
- Under North Dakota law, which of the following is TRUE about a buyer's right to be represented by their own agent?
- A North Dakota agent representing a buyer discovers the listing agent is also representing the seller (single agency). The buyer's agent owes the buyer all of the following EXCEPT:
- When a North Dakota buyer makes an offer through a seller's agent (not a buyer's agent), the seller's agent should:
Practice More North Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Dakota Quiz →