California Real Estate Practice Exam

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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To whom does Broker B owe his fiduciary duty when hired as a buyer's broker?

  1. Seller

  2. Both the buyer and the seller

  3. Buyer A

  4. The government

The correct answer is: Buyer A

When hired as a buyer's broker, Broker B owes his fiduciary duty to the buyer. Option A, the seller, is incorrect because a seller's broker owes their fiduciary duty to the seller. Option B states that Broker B owes his fiduciary duty to both the buyer and the seller, which is incorrect because a broker can only represent one party in a transaction, not both. Option D, the government, is incorrect as the fiduciary duty of a broker does not extend to the government. Therefore, option C, the buyer, is the only correct answer as it accurately represents the fiduciary duty of a buyer's broker.

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