Agent
- Act with honesty, good faith, reasonable
skill and care.
- Properly account for money or property.
- Disclose all adverse material facts
actually known or which reasonably should have been known.
- Perform terms of written agreement
- Conduct reasonable inspection of property& statements
made by seller.
- Advise client to obtain professional
advice or counsel, when appropriate.
- Request proof of buyer's financil ability
to purchase.
- Maintain confidentiality of client.
- Seek acceptable buyer and negotiate.
- Seek acceptable property and negotiate.
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Limited Dual Agent
- Act with honesty, good faith, reasonable
skill and care.
- Properly account for money or property
- Disclose all advers material facts
actually known or which reasonably should have been known.
- Perform terms of written agreement.
- Conduct reasonable inspection of property
and statement made by seller.
- Advise client to obtain professional
advice or counsel, when appropriate.
- Request proof of buyer's financial
ability to purchase.
- Maintain confidentiality of clients.
- Seek acceptable buyer, but cannot disclose
that buyer is willing to pay more than that offered.
- Seek acceptable property, but cannot
disclose that seller is willing to accept less than that
offered.
- NO DUTY OF UNDIVIDED LOYALTY
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