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1. www.bcfsa.ca › industry-resources › real-estateDuties to Clients Guidelines - BCFSA

   www.bcfsa.ca › industry-resources › real-estate

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   May 4, 2021 · Fiduciary duties owed to your client are fundamental to the agency relationship. When your client permits or requests a modification of duties, they must understand the benefits and inherent risks involved. You must always have a full discussion with your clients, so they are able to make an informed decision that is in their best interests.

2. www.bcrea.bc.ca › legally-speaking › legally-speaking-29Fiduciary Relationship Responsibilities Between the Licensee ...

   www.bcrea.bc.ca › legally-speaking › legally-speaking-29

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   The British Columbia Real Estate Association acknowledges that our head office is located on the traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam).

3. www.bcfsa.ca › public-resources › real-estateConsumer Guide to Duties to Clients - BCFSA

   www.bcfsa.ca › public-resources › real-estate

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   Your real estate professional must follow all lawful instructions you provide to them. Since they are acting on your behalf, they must honour your wishes when it comes to executing their duties in a way that satisfies you. That being said, should you ever ask your real estate professional to do something illegal or contrary to their legislative ...

4. www.fulcrumlaw.ca › law-dictionary › fiduciary-dutyWhat is Fiduciary duty | BC Business Legal Library - Fulcrum Law

   www.fulcrumlaw.ca › law-dictionary › fiduciary-duty

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   Fiduciary duty is a legal obligation that requires a person or entity to act in the best interests of another party. In British Columbia, Canada, fiduciary duty is recognized and enforced by the courts in various contexts, including in the relationships between trustees and beneficiaries, directors and shareholders, and lawyers and clients.

5. www.mccarthy.ca › en › insightsGalambos v. Perez: The Supreme Court of Canada Clarifies the ...

   www.mccarthy.ca › en › insights

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   Mar 25, 2010 · However, the British Columbia Court of Appeal allowed the plaintiff’s action with respect to one aspect of her breach of fiduciary duty claim. It found that the defendant had breached the duties flowing from an ad hoc fiduciary relationship, which existed separate and apart from the per se fiduciary relationship attributable to the parties’ limited solicitor-client retainers.

6. www.bcfsa.ca › industry-resources › real-estateUse of Dual Agency Exemption - BCFSA

   www.bcfsa.ca › industry-resources › real-estate

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   May 7, 2020 · In British Columbia, dual agency is prohibited, but there is an exemption that real estate professionals can use in certain situations. Real estate professionals can use the exemption and provide dual agency to clients in remote and underserved locations where it is impracticable for the parties to be represented by different real estate professionals.

7. People also ask

   What is a fiduciary relationship with a realtor?

   • When a realtor becomes your agent, you enter a fiduciary relationship with them where the agent owes you a fiduciary duty. Under this relationship, the realtor is required by law to act solely for your benefit, even if that results in a detriment to themselves.

   Realtors' Disclosure Requirements - KSW Lawyers

   www.kswlawyers.ca/blog/realtors-disclosure-requirements

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   What is a fiduciary duty in BC?

   • This duty requires the professional to prioritize the client's interests above their own and to avoid any conflicts of interest that may arise. Breach of fiduciary duty can result in legal liability and damages. How it relates to the law in British Columbia Canada?

   What is Fiduciary duty | BC Business Legal Library - Fulcrum Law

   www.fulcrumlaw.ca/law-dictionary/fiduciary-duty

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   Do real estate agents owe a fiduciary duty?

   • These professionals owe a duty of loyalty, care, and confidentiality to their clients, which means they must prioritize their clients' interests above their own and avoid conflicts of interest. Real estate agents also owe a fiduciary duty to their clients when buying or selling property.

   What is Fiduciary duty | BC Business Legal Library - Fulcrum Law

   www.fulcrumlaw.ca/law-dictionary/fiduciary-duty

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   How is fiduciary duty enforced in Canada?

   • In British Columbia, Canada, fiduciary duty is recognized and enforced by the courts in various contexts, including in the relationships between trustees and beneficiaries, directors and shareholders, and lawyers and clients. Breach of fiduciary duty can result in legal action and damages.

   What is Fiduciary duty | BC Business Legal Library - Fulcrum Law

   www.fulcrumlaw.ca/law-dictionary/fiduciary-duty

   See all results for this question

   What is fiduciary duty?

   • Fiduciary duty is a legal obligation that requires a person or entity to act in the best interests of another party. In British Columbia, Canada, fiduciary duty is recognized and enforced by the courts in various contexts, including in the relationships between trustees and beneficiaries, directors and shareholders, and lawyers and clients.

   What is Fiduciary duty | BC Business Legal Library - Fulcrum Law

   www.fulcrumlaw.ca/law-dictionary/fiduciary-duty

   See all results for this question

   What are fiduciary duties owed to a client?

   • Fiduciary duties owed to your client are fundamental to the agency relationship. When your client permits or requests a modification of duties, they must understand the benefits and inherent risks involved. You must always have a full discussion with your clients, so they are able to make an informed decision that is in their best interests.

   Duties to Clients Guidelines - BCFSA

   www.bcfsa.ca/industry-resources/real-estate-professional-resources/knowledge-base/guidelines/duties-clients-guidelines

   See all results for this question

8. www.kswlawyers.ca › blog › realtors-disclosureRealtors' Disclosure Requirements - KSW Lawyers

   www.kswlawyers.ca › blog › realtors-disclosure

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   When a realtor becomes your agent, you enter a fiduciary relationship with them where the agent owes you a fiduciary duty. Under this relationship, the realtor is required by law to act solely for your benefit, even if that results in a detriment to themselves. This duty is the driving force behind all of the rules governing how realtors are to ...