Which of the following is NOT a fiduciary duty owed to a client by a licensee in Nova Scotia?

Prepare for the Nova Scotia Association of Realtors Exam. Study with flashcards and multiple choice questions, each question includes hints and explanations. Get ready for your exam!

Multiple Choice

Which of the following is NOT a fiduciary duty owed to a client by a licensee in Nova Scotia?

Explanation:
Marketing the property is not itself a fiduciary duty. Fiduciary duties require the licensee to put the client’s interests first and to handle information with care. The duties of disclosure of material facts, confidentiality, and loyalty are classic fiduciary obligations: they demand that the licensee reveal known information that could affect a client's decision, keep information shared by the client confidential, and act loyally in the client’s best interests. Marketing the property, while a normal service provided to help sell, is a standard activity rather than a fiduciary obligation.

Marketing the property is not itself a fiduciary duty. Fiduciary duties require the licensee to put the client’s interests first and to handle information with care. The duties of disclosure of material facts, confidentiality, and loyalty are classic fiduciary obligations: they demand that the licensee reveal known information that could affect a client's decision, keep information shared by the client confidential, and act loyally in the client’s best interests. Marketing the property, while a normal service provided to help sell, is a standard activity rather than a fiduciary obligation.

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