Found 1 blog entry tagged as fiduciary.

Real Estate Word of the Day: Fiduciary

In the world of real estate, trust is paramount. Whether you're buying, selling, or investing in a property, it's essential to have a knowledgeable and reliable partner by your side. This partner is often referred to as a fiduciary. A fiduciary is an individual or entity entrusted with a legal and ethical duty to act in the best interests of another party. They are bound by a fiduciary relationship, which means they must prioritize their client's well-being over their own. In the context of real estate, a fiduciary can take on various roles, including real estate agents, property managers, and real estate brokers. When working with a fiduciary, clients can have confidence that their interests are protected and…

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