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Real Estate Practice : Lesson 4008
In a real estate transactionn, when one speaks of a fiduciary relationship their typically referring to a relationship that will allow another person to act on behalf of another with the additional privilege and grant of legal power for the other persons affairs.
Is this true or false ?
Take your time. The solution is below the wildlife photograph.
A fiduciary relationship is one which represents an agent's reloationship to the principal or the one that hires the agent.
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