Agency
In Utah, a listing broker's fiduciary duties to the seller include all of the following EXCEPT:
ALoyalty
BConfidentiality
CObedience to all lawful instructions
DGuaranteeing the property will sell at the listed price✓ Correct
Explanation
A listing broker owes fiduciary duties of loyalty, confidentiality, and obedience, but cannot guarantee a sale at any particular price. Making such a guarantee would be misrepresentation.
Related Utah Agency Questions
- Apparent authority (ostensible agency) in real estate exists when:
- A buyer's agent in Utah has a duty to investigate and verify:
- In Utah, a seller's agent must present all offers to the seller:
- The duty of 'disclosure' in a Utah agency relationship requires an agent to:
- A listing agent in Utah who discovers a latent defect (hidden, not obvious) in the seller's home must:
- In a Utah buyer representation agreement, if the buyer finds a property on their own without the agent's assistance, does the buyer still owe the agent a commission?
- Which of the following best describes 'ratification' of an agency relationship?
- A Utah agent working as a limited agent (dual agent) may NOT:
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →