California Court Increases the Fiduciary Obligations in Dual Agency Transactions

In Horiike v. Coldwell Banker Residential Brokerage Company, et al., the California Court of Appeal further clarified the fiduciary duty of a salesperson in a dual agency relationship. Specifically, the Court addressed the question of whether a listing agent working under a dual agent brokerage owes a fiduciary duty to the buyer of a real property

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Posted on May 13, 2014 and filed under courtside newsletter.