A broker's fiduciary duty includes all the following EXCEPT:

Prepare for the AREC Arkansas Broker Exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for success!

A broker's fiduciary duty encompasses several critical responsibilities aimed at protecting the interests of the client. Among these duties are the obligation to disclose material facts, which involves sharing significant information that may affect the client's decision-making. Loyalty to the client is another fundamental aspect, ensuring that the broker prioritizes the client's interests above their own or those of third parties. Additionally, obedience to lawful instructions means that the broker must follow the client's legal and appropriate directives as part of their professional relationship.

Profit sharing with the client, however, does not fall under the typical fiduciary duties of a broker. While a broker might engage in profit-sharing under specific agreements or arrangements, it is not a standard fiduciary obligation. Instead, fiduciary relationships generally focus on trust, loyalty, and acting in the best interest of the client, rather than sharing financial profits derived from the transaction. Therefore, this choice does not align with the established fiduciary responsibilities that brokers hold toward their clients.

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