Texas Real Estate State Practice Exam

Which duty is NOT part of an agent's responsibilities?

1. Obedience

2. Loyalty

3. Trust

4. Disclosure

The correct answer is: Trust

The duty of trust is not explicitly enumerated among the central fiduciary responsibilities of a real estate agent. In the context of agency law, the primary duties agents owe to their clients typically include obedience, loyalty, and disclosure. Obedience refers to the agent's duty to follow the lawful instructions of the client, as long as those instructions do not breach any laws or ethical standards. Loyalty signifies that the agent must act in the best interest of the client, prioritizing the client's needs and interests above their own or those of others. Disclosure involves the agent's obligation to reveal all relevant information that might affect the client's decision-making process. While trust is an important aspect of the agent-client relationship, it is not classified as a formal duty in the same way that the other three responsibilities are. Trust is built over time through the adherence to the duties of obedience, loyalty, and disclosure, creating a relationship where the client feels secure and confident in the agent's professional conduct.