Agency
In Tennessee, a buyer's agent who represents the buyer during a transaction owes ALL of the following duties EXCEPT:
ALoyalty to the buyer
BDisclosure of material facts to the buyer
CLoyalty to the seller✓ Correct
DConfidentiality of the buyer's information
Explanation
A buyer's agent owes fiduciary duties — loyalty, disclosure, confidentiality, obedience, accounting, and reasonable care — to the buyer, not the seller.
Related Tennessee Agency Questions
- Tennessee's agency laws require all licensees to avoid 'self-dealing.' Self-dealing means:
- In Tennessee, a listing broker's duty to the seller regarding the property's list price is to:
- In Tennessee, the fiduciary duty of 'accounting' requires an agent to:
- In Tennessee, a buyer's agency agreement typically provides that the buyer's agent receives compensation:
- A Tennessee licensee who represents a first-time homebuyer owes a heightened duty because:
- In Tennessee, the listing broker's duty of loyalty to the seller means the broker must:
- In Tennessee, when representing a buyer, an affiliate broker is required to:
- A buyer's agent who learns that the seller has received no other offers has a duty to:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →