A Listing Agent Is Bound by His Fiduciary Relationship to Be

question 19

True/False

A listing agent is bound by his fiduciary relationship to be loyal to the seller. With regards to working with a buyer, the listing salesperson must disclose hidden defects to the buyer.

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Definitions:

Resonance Structure

Depictions of a molecule showing different possible arrangements of electrons, used to describe delocalization within the molecule.

Valence Shell Electron Pair Repulsion

A theory used to predict the geometry of individual molecules based on the repulsion between electron pairs in the valence shell of an atom.

Electron Pairs

Two electrons occupying the same orbital in an atom or molecule, typically forming a covalent bond between atoms.

Hydrogen Sulfide

A toxic, flammable gas with the formula H2S, characterized by a foul smell of rotten eggs, and found in many natural and industrial processes.