Upon completion, students will be familiar with the fiduciary duties that are imposed by law on persons who undertake to represent others as their agent and the ways in which those duties are qualified by certain statutory laws and commission rules and limited when operating as a disclosed dual agent.
To accomplish this objective, the course will review the various fiduciary duties, the obligations they impose on agents, and the limitations on them imposed by other authorities. References to pertinent decisions by the N.J. Real Estate Commission will be made as applicable.