Under Ohio law, a seller's agent's primary duty of loyalty is owed to:
Correct Answer
A) The seller who signed the listing agreement
A seller's agent's primary duty of loyalty is to the seller who signed the listing agreement. The seller is the client, and the agent must prioritize the seller's interests above all others, including the agent's own interests.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
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