4-Agency Relationships-Regulated Activities and Relationships

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AGENCY RELATIONSHIPS Duties Agency law, professional standards, and agency principles together govern relationships between brokerages and their clients in Arizona. Fiduciary standards Statutory law specifies that a licensee owes fiduciary duties to a client. Fiduciary duties include loyalty, obedience, disclosure, confidentiality, reasonable care, diligence and accountability. Additionally, the law says licensees must deal fairly with all […]