California Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

A broker seeking to profit from a listing beyond the normal commission is violating the fiduciary principle of?

Confidentiality
Loyalty
Accountability
Obedience

The correct answer is: Loyalty

The correct answer is option B, Loyalty. Confidentiality, Accountability and Obedience do not directly relate to the question at hand. However, they are all still important principles for brokers to follow in their work. Confidentiality refers to the obligation to keep client information confidential, while Accountability refers to being responsible for one's actions. Obedience, on the other hand, refers to following the instructions of the client, unless they are illegal or unethical. These are all important principles for brokers to follow, but they do not specifically relate to profiting beyond the normal commission. Therefore, they are not the correct answer to this question.