EstatePass
AgencyAgency_typesEASY

Under Hawaii law, which term describes the agency relationship in which a real estate licensee represents only the seller in a transaction?

Correct Answer

C) Seller's agency

Seller's agency (also called listing agency) is the relationship in which the licensee owes fiduciary duties exclusively to the seller. Under Hawaii Administrative Rules Title 16, Chapter 99, a seller's agent must act in the seller's best interest, including duties of loyalty, confidentiality, and disclosure of material facts to the seller.

Answer Options
A
Buyer's agency
B
Dual agency
C
Seller's agency
D
Designated agency

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Agency Question

Sign up free to unlock full analysis

Background Knowledge for Agency

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Agency

Sign up free to unlock full analysis

Common Mistakes to Avoid on Agency Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

sellers_agencyfiduciary_dutiesagency_typeshawaii_agency_law
Was this explanation helpful?

More Agency Questions

People Also Study

Agency Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing