Agency
A buyer's agent in Oklahoma owes which fiduciary duty that a seller's agent does NOT owe to the buyer?
AHonesty
BDisclosure of material facts
CLoyalty✓ Correct
DCompliance with law
Explanation
Loyalty is a fiduciary duty owed exclusively to a client. A buyer's agent owes loyalty to the buyer, placing the buyer's interests above all others, including the agent's own interests.
Related Oklahoma Agency Questions
- Under Oklahoma law, a buyer's broker agreement creates what type of agency relationship?
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