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Laws Of Agency Fiduciary DutiesFiduciary_dutiesHARD

Under California law, the duty of reasonable care and diligence requires a real estate agent to perform all of the following EXCEPT:

Correct Answer

A) Verify the accuracy of all information provided by the seller before incorporating it into the listing

While an agent has a duty of reasonable care, that duty does not require the agent to independently verify the accuracy of all information provided by the seller before including it in the listing. Under California Civil Code §2079, an agent's visual inspection duty applies to the property itself, not to independently auditing or confirming every seller representation. Agents are expected to disclose known material facts and conduct a reasonably competent visual inspection, but are not required to act as an independent investigator of all seller-supplied data.

Answer Options
A
Verify the accuracy of all information provided by the seller before incorporating it into the listing
B
Keep the principal informed of all material developments in the transaction
C
Exercise the skill and care that a reasonably competent agent would use under similar circumstances
D
Present all offers to the principal promptly and completely

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Key Terms:

reasonable_careno_guaranteecompetenceEXCEPT
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