North Dakota License Law
A North Dakota licensee who uses their license to benefit themselves rather than their client by steering a client toward a property in which the agent has an undisclosed financial interest has committed:
AA minor procedural violation
BA serious breach of fiduciary duty and potential fraud requiring disclosure✓ Correct
CStandard investment practice
DA violation only if the property price was too high
Explanation
Undisclosed self-dealing — directing clients toward properties in which the agent has a financial interest without disclosure — is a serious breach of fiduciary duty, potentially fraud, and a violation of North Dakota license law. Full disclosure of any financial interest is required.
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