Lesson 1: Real Estate Agency Relationships Flashcards
1
Q
Fiduciary Duty
A
- utmost care
- integrity and honesty
- accounting
- loyalty
- disclosure of material facts
2
Q
Constructive Fraud
A
unintentional misrepresentation
3
Q
Imputed Knowledge
A
principal is assumed to know what the agent knows.
4
Q
vicarious liability
A
liability for harm caused by another person
