California Real Estate Practice Exam

When hired as a buyer's broker, Broker B owes his fiduciary duty to the buyer. Option A, the seller, is incorrect because a seller's broker owes their fiduciary duty to the seller. Option B states that Broker B owes his fiduciary duty to both the buyer and the seller, which is incorrect because a broker can only represent one party in a transaction, not both. Option D, the government, is incorrect as the fiduciary duty of a broker does not extend to the government. Therefore, option C, the buyer, is the only correct answer as it accurately represents the fiduciary duty of a buyer's broker.