Agency
In Virginia, a real estate licensee acting as a 'buyer's agent' owes the seller which of the following duties?
ALoyalty
BObedience to all seller instructions
CHonest dealing and disclosure of known material adverse facts✓ Correct
DConfidentiality of the buyer's financial information and seller's listing price
Explanation
Even as a buyer's agent, the licensee must deal honestly with all parties and disclose any known material adverse facts about the property to the seller. The duties of loyalty and confidentiality are owed only to the buyer-client.
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