Fiduciary Duties of Agent

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  1. Loyalty
    To act solely for the benefit of the client in matters entrusted to him/her.
  2. Obedience
    Carry out the client's lawful instructions.
  3. Full Disclosure
    Disclose any information which is relevant to affairs entrusted, that may influence the decision of the principal.
  4. Confidentiality
    • 1. While the Agency relationship is in effect.
    • 2. After termination of Agency
    • 3. Conflict
    • 4. Reasonable Care and Diligence
    • 5. Accounting
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ID
219108
Card Set
Fiduciary Duties of Agent
Description
Behavior in real estate transactions
Updated
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