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Specifically, fiduciary duties may include the duties of care, confidentiality, loyalty, obedience, and accounting. Association Leaders must avoid, disclose, and resolve any conflicts of interest prior to voting or otherwise participating in any deliberations concerning an association matter.
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Specifically, fiduciary duties may include the duties of care, confidentiality, loyalty, obedience, and accounting. Association Leaders must avoid, disclose, and resolve any conflicts of interest prior to voting or otherwise participating in any deliberations concerning an association matter. A real estate agent’s fiduciary duties fall into six categories: Loyalty, confidentiality, accounting, disclosure, obedience, and reasonable care and diligence. Let’s take a deeper look at each one and when they might apply in a real estate transaction. The fiduciary duties of confidentiality, obedience, loyalty, disclosure, accounting, and care are fundamental to the agent-client relationship in real estate. These duties ensure that... This article will provide an overview of the fiduciary duties that real estate brokers have to their clients and how it benefits attorneys to remind them of those obligations.