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Under California law, a real estate agent owes a duty of honest and fair dealing to all parties in a transaction, not only to the agent's own client. Which provision most directly establishes this duty?

Correct Answer

D) Cal. Civil Code §2079.6, which codifies the agent's duty of good faith and fair dealing owed to all parties in a real estate transaction

Cal. Civil Code §2079.6 expressly codifies the duty of good faith and fair dealing that a real estate agent owes to all parties in a transaction, not just the agent's own principal. This provision is the direct statutory basis for the broader honest-dealing obligation described in the question.

Answer Options
A
Cal. Civil Code §1102, which requires sellers to complete a Transfer Disclosure Statement
B
Cal. Civil Code §2079, which requires agents to conduct a reasonably competent visual inspection of the property
C
Cal. Civil Code §2079.16, which requires agents to provide the Agency Relationship Disclosure form
D
Cal. Civil Code §2079.6, which codifies the agent's duty of good faith and fair dealing owed to all parties in a real estate transaction

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Related Topics & Key Terms

Key Terms:

ethicshonest_dealingall_partiesBP_Code_10176duty

Related Concepts

Radon disclosure involves informing buyers about the presence or potential presence of radon gas in a property. Radon is a naturally occurring radioactive gas that can accumulate in buildings and is the second leading cause of lung cancer.

Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.

A seller's disclosure statement is a form that sellers complete to inform buyers about the condition and history of the property, including known defects, past repairs, insurance claims, and environmental issues.

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