Property Management Licensing Practice Exam · Question
Prior to entering into a property management agreement, a licensee must disclose any existing, ongoing, or potential conflicts of interest to the client. This is part of the licensee's duty of:
The duty of loyalty requires a licensee to always act in the best interests of their client and to disclose any conflicts of interest that could affect their im
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Question: Prior to entering into a property management agreement, a licensee must disclose any existing, ongoing, or potential conflicts of interest to the client. This is part of the licensee's duty of:
Answer options:
- Care.
- Confidentiality. ✅ Loyalty.
- Obedience.
Correct answer: Loyalty.
Explanation: The duty of loyalty requires a licensee to always act in the best interests of their client and to disclose any conflicts of interest that could affect their impartiality.
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