A client is only owed fiduciary duties from their agent.

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Multiple Choice

A client is only owed fiduciary duties from their agent.

Explanation:
Fiduciary duties flow from the agent to the client. In a real estate relationship, the broker must act with loyalty, confidentiality, full disclosure of known material facts, obedience to lawful instructions, accounting for funds, and reasonable care and diligence for the client. The client does not owe fiduciary duties to the agent; their obligations are contractual or ordinary duties like honest dealing and cooperation, but not fiduciary ones. Even in dual agency scenarios, the duties are still owed by the agent to each client, not the other way around.

Fiduciary duties flow from the agent to the client. In a real estate relationship, the broker must act with loyalty, confidentiality, full disclosure of known material facts, obedience to lawful instructions, accounting for funds, and reasonable care and diligence for the client. The client does not owe fiduciary duties to the agent; their obligations are contractual or ordinary duties like honest dealing and cooperation, but not fiduciary ones. Even in dual agency scenarios, the duties are still owed by the agent to each client, not the other way around.

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