Business / Real Estate / Loyalty: The duty of loyalty requires the agent to place the principals interests above those of all others, including the agents own self-interest. The agent must be particularly sensitive to any possible conflicts of interest. Confidentiality about the principals personal affairs is a key element of loyalty.

Other Words for Loyalty

Loyalty Adjective Synonyms: faithfulness, fidelity, dependability, devotedness, devotion, allegiance, patriotism, trustworthiness, steadfastness, staunchness, firmness, resolution, resolve, reliability, stability, dedication, constancy

Disclosed Dual Agency

Business / Real Estate / Disclosed Dual Agency: Real estate licensing laws may permit dual agency only if the buyer and seller are informed and consent to the brokers representation of both in the same transaction. Although the possibility of confl MORE


Business / Real Estate / Fiduciary: A relationship that implies a position of trust or confidence wherein one person is usually entrusted to hold or manage property or money for another. The term fiduciary describes the faithful relatio MORE


Business / Real Estate / Obedience: The fiduciary relationship obligates the agent to act in good faith at all times, obeying the principals instructions in accordance with the contract. However, that obedience is not absolute. The agen MORE