A Florida single agent owes the principal all duties EXCEPT:
Question & Answer
Review the question and all answer choices
Loyalty
Loyalty is one of the core fiduciary duties explicitly owed by a Florida single agent to the principal under §475.278(1)(b), requiring the agent to act solely in the principal's best interest, so it cannot be the correct exception.
Confidentiality
Confidentiality is a required duty of a Florida single agent, obligating the agent to protect all confidential information shared by the principal, including motivation to buy or sell and acceptable price ranges, so it is not the exception.
Limited representation
Full disclosure
Full disclosure is explicitly listed as a fiduciary duty of a single agent under Florida law, requiring the agent to disclose all known facts that materially affect the value of the property and are not readily observable, so it is not the exception.
Why is this correct?
Limited representation is the defining characteristic of a transaction broker relationship under Florida Statute §475.278, not a single agent relationship. A single agent provides full representation with all fiduciary duties intact, so 'limited representation' is the one concept that is fundamentally incompatible with the single agent role. The question asks what duty is NOT owed, and since limited representation is a transaction broker concept, it is correctly identified as the exception.
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