Alberta Real Estate Licensing Exam Practice · Question
A real estate professional is acting as an exclusive seller's agent. To whom do they owe a fiduciary duty?
An exclusive seller's agent has a fiduciary duty to act solely in the best interests of their seller client.
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Question: A real estate professional is acting as an exclusive seller's agent. To whom do they owe a fiduciary duty?
Answer options:
- The buyer only. ✅ The seller only.
- Both the buyer and the seller.
- Neither the buyer nor the seller.
Correct answer: The seller only.
Explanation: An exclusive seller's agent has a fiduciary duty to act solely in the best interests of their seller client.
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