fiduciary duty of disclosure real estate - Axtarish в Google
The duty of disclosure means that agents have a legal obligation to disclose any known material facts about the property or the transaction to their clients . Material facts are facts that could reasonably be expected to affect the value or desirability of the property.
15 мая 2013 г. · This duty to disclose known material facts is based upon a real estate broker's duty to treat all persons honestly and fairly. This duty of ...
Fiduciary duty in a real estate transaction refers to the legal responsibilities of a real estate agent to the client, not the customer.
The agent-client relationship is legally defined as a fiduciary relationship, which means that the fiduciary must always act in your best interest.
20 сент. 2022 г. · Fiduciary duty in real estate is the legal obligation real estate agents have to act in the best interests of their clients.
Also, the fiduciary duty of disclosure imposed on real estate agents by the common law is the same general obligation to disclose under statutory/regulatory law ...
18 окт. 2023 г. · Disclosure—the professional must disclose material facts in any transaction;; Confidentiality—the professional must keep their client's ...
28 апр. 2024 г. · As real estate agents, we have a “fiduciary duty” when working for our clients. Simply put, this means we're obligated legally to work in your best interest.
Disclosure: An agent must disclose material facts to its principal. In many states, a real estate agent must disclose material facts to interested parties ...
13 апр. 2020 г. · A fiduciary duty refers to an action or responsibility you promise to uphold for your client. It's a legal obligation, and it must be upheld if you're to ...
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