Agency
A South Dakota real estate agent acting as a facilitator (transaction broker) owes which duty to both parties?
AFull fiduciary duties to both buyer and seller equally
BHonesty, fairness, and proper accounting for funds received✓ Correct
CLoyalty to the party who will pay the higher commission
DNo duties since the facilitator is a neutral party
Explanation
A facilitator/transaction broker owes limited duties of honesty, fair dealing, and proper accounting. They do not owe full fiduciary duties (loyalty, confidentiality) to either party.
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