Sentences with phrase «undivided loyalty»

"Undivided loyalty" means to be completely devoted and committed to someone or something, without any doubts, hesitations, or conflicting interests. Full definition
For example, when any industry member at a common - law brokerage takes a listing, every industry member at the brokerage is immediately considered to be a representative of that seller and owes that seller undivided loyalty, advice and advocacy.
We are required to act with undivided loyalty to our clients.
As a fiduciary, the realty professional owes the client undivided loyalty, so he or she must put your best interests before all others, including his own.
The form states that a buyer's representative agrees to act solely on behalf of the buyer and owes certain fiduciary duties to the buyer, such as undivided loyalty, confidentiality, full disclosure, obedience, and a duty to account.
Overall, dual agency relationships can cause legal issues because real estate agents are bound by fiduciary duties, which require undivided loyalty to clients.
The agent owes the buyer undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality and accountability, provided, however, that the agent must disclose known material defects in the real estate.
If you want undivided loyalty and a real estate buyer agent that will always keep your best interests first and foremost, you should work with an exclusive buyer agent.
The Court identified three aspects of the solicitor - client relationship which were affected by the legislation: solicitor - client privilege, the independence of the Bar from the state, and the duty of undivided loyalty (at paragraph 102).
Unlike under common - law agency, when any industry member at a designated agency brokerage takes a listing, only the industry member specified in the brokerage agreement as the designated agent represents the seller and owes that seller undivided loyalty, advice and advocacy.
These practices are a public written declaration of our undivided loyalty and our how we demonstrate such loyalty.
To make crystal clear our undivided loyalty to our clients and to make it easy for our clients to maintain their confidence that we are advising them solely in their best interests, we are pleased to announce we have become one of the very first firms in the country to subscribe to the Institute for the Fiduciary Standard's Best Practices affirmation program.
Jerry, likewise, hangs on to just one client, Rod Tidwell (Cuba Gooding Jr.), an upstart wide receiver for the Arizona Cardinals who stakes his shot at superstardom on Jerry's undivided loyalty.
In return I will give you my undivided loyalty and keep the family safe.
Lawyers will not be forced to choose between their obligations of confidence and undivided loyalty to their clients and their legal obligations to the state.
Justice Ian Donald wrote on Jan. 13, 2013: «The public is disadvantaged by the conflict, whether the respondents derived any personal gain or not, because the public did not have the undivided loyalty of their elected officials.»
[38] This should all be done to guard against the lawyer taking what would be an inappropriate personal interest in the litigation thereby putting at risk his or her obligation to provide the client with objective advice and undivided loyalty.
Part of Full Agency is the fiduciary element of «undivided loyalty» and as such a Real Estate Professional, REALTOR, who is representing a Full Client can't focus equally on everyone because it would be a breach of their Fiduciary Responsibility!
avoid steadfastly any conflicts of interest that might compromise or dilute the broker's undivided loyalty to
Savvy consumers of real estate services are discovering the advantages of undivided loyalty and full representation.
Yes in that my contention is first and foremost that when we turn a seller or buyer into a client, we agree to provide fiduciary duty — an undivided loyalty which includes protecting their bests interests which in turn includes negotiating on their behalf as per their direction after being able to benefit from our counsel.
I think we need to remind ourselves that there are two categories of consumers that are to be considered in all this: buyers and sellers, and when we're working for a seller in a full agency relationship we have a responsibility of undivided loyalty to them.
If you can't honour the «undivided loyalty» requirement for the two hours it takes to complete an open house, then it clearly would be in jeopardy in all other situations where the timeline commitment isn't as clear!
The basic principle of designated agency as proposed by the ATF is that, in the above scenario, both the seller and the buyer in this «in - house» transaction would be able to continue to receive the full benefit of agency representation, complete with the undivided loyalty, advice and advocacy of their respective licensee agents, while it is the brokerage that remains impartial.
In particular as it relates to an open house, the Fiduciary aspect of the Agency Working Relationship compels a real estate practitioner REALTOR to contain themselves within the requirement of «undivided loyalty» for the duration of the open house.
The court held that where, at the time of execution of a sales contract, a seller is not informed that his broker also represents the purchaser, the broker has breached his duty of undivided loyalty.
Therefore, the duty of undivided loyalty is typically limited in order to permit the licensee to act on behalf of other buyers and sellers at the same time.
In this agency model, it is the designated agents who have the primary agency duties of undivided loyalty, obedience, and confidentiality to their client (see section 3 - 3 of the Rules).
As indicated above, a licensee has a duty of undivided loyalty to a client.
That is to say, when any licensee at a common law brokerage enters into agency with a buyer or a seller, every licensee at the brokerage is immediately considered to be a representative of that buyer or seller and owes them undivided loyalty, advice and advocacy.
Consumers should be aware that agreeing to dual agency means that they are giving up the right to their agent's undivided loyalty.
The agent owes the seller undivided loyalty, reasonable care, disclosure, obedience to lawful instruction, confidentiality and accountability, provided, however, that the agent must disclose known material defects in the real estate.
Additionally, parties are giving up their rights to the undivided loyalty of the licensee.
Fiduciary duties are determined by state law and generally include: confidentially, undivided loyalty, obedience, reasonable care and diligence, full disclosure, and accounting.
Undivided Loyalty The fiduciary duty that prohibits the agent from advancing any interests adverse to the principal's interest or conducting the principal's business in such a way as to benefit a customer, a subagent, the agent, or any other party to the detriment of the principal's interest unless required by statute, regulation, or common law — e.g., disclosing material facts and defects of a property.
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