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Real Estate Broker's Obligations To Third Parties
A real estate broker's obligations are primarily to the principal who has employed him. Many state laws nonetheless make certain demands on the mortgage broker in relation to the third parties the broker deals with on behalf of the principal. Foremost among these are honesty, integrity, and fair business dealing. This includes the proper care of deposit money and offers, and the responsibility for written or verbal statements made by the mortgage broker or his sales staff or ...
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