Fiduciary Duties of Agent

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The flashcards below were created by user batkinson on FreezingBlue Flashcards.


  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

Card Set Information

Author:
batkinson
ID:
219108
Filename:
Fiduciary Duties of Agent
Updated:
2013-05-11 20:55:15
Tags:
Terminology
Folders:

Description:
Behavior in real estate transactions
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