Which of the following is NOT a fiduciary duty owed by a Maine licensee to their client?
Correct Answer
C) Guaranteeing the sale of the property
Fiduciary duties owed by a Maine licensee to their client include loyalty, confidentiality, obedience, disclosure, accounting, and reasonable care. Guaranteeing a sale is never a fiduciary duty and would constitute a misrepresentation, as no licensee can guarantee a property will sell.
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