Showing 1 post in Real Estate Broker Breach of Fiduciary Duty.

Statutory Elimination of the Real Estate Broker's Fiduciary Duty

Will the California Supreme Court’s anticipated decision in Hiroshiike v. Coldwell Banker Residential Brokerage Company, significantly impact real estate agency law and the fiduciary duty of real estate agents? 25 states have statutorily eliminated a real estate broker’s ability to serve as a dual agent. While California will not likely follow statutorily, the state’s high court may soon make substantive developments in this area by judicial decision. More ›

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