January 01, 2025

fiduciary
relating to the responsibilities of a person who acts in the best interests of another person.

Texas Real Estate Commission rules (Section 531.2 Fidelity) state: “A license holder, while acting as an agent for another, is a fiduciary.” Among other obligations defined by TREC, a license holder in a fiduciary relationship must place no personal interest above that of the client.

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Define This: Fiduciary

fiduciary relating to the responsibilities of a person who acts in the best interests of another person.

fiduciary
relating to the responsibilities of a person who acts in the best interests of another person.