All of the following are duties typically owed to a buyer client EXCEPT
Correct Answer
C) Carrying out the buyer's instructions even when they are unlawful
Obedience runs only to lawful instructions. A broker who follows a client's direction to conceal a known defect, or to skip showings to members of a protected class, is liable for the act, and the client's instruction is no defense. Confidentiality about what the buyer can pay, prompt presentation of every offer and counteroffer, and disclosure of known material defects are all genuine duties a broker owes a buyer client.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.
The legal ending of an agency relationship, which can occur through completion, expiration, mutual agreement, breach, death, incapacity, or bankruptcy of either party.
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