A contract for the provision of real estate services is a fiduciary contract – the sale of services based on trust. Since it is the subject of a realtor performing various significant actions in the interests of his client. Such an agreement is personal and confidential. Fiduciary transactions involve the parties’ special trust in each other. The special trust of the client to the realtor, expressed in fiduciary nature, predetermines the solution of a number of issues that cannot be described in legal terms and included in the contract. To be protected hire a Los Angeles fiduciary litigation attorney.
In such agreements, the principal is always a weakness, since The principal informs information that is his personal, and maybe a commercial secret. Therefore, it is extremely difficult for the principal to control the actions of his realtor, and he does not always understand what he pays money for. Note, how many times in a conversation with a client use the word “trust”. Trust is the main factor when choosing a Los Angeles realtor to represent interests in real estate transactions!
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