Single Agent
A licensee who represents one party, the buyer or the seller, with full fiduciary duties under Florida law.
A single agent represents one party in a transaction and owes that principal full fiduciary duties. Establishing a single-agent relationship requires written disclosure to the principal before, or at the time of, entering into a listing agreement or showing property.
The duties of a single agent are dealing honestly and fairly, loyalty, confidentiality, obedience, full disclosure, accounting for all funds, skill and care, presenting all offers and counteroffers, and disclosing all known facts that materially affect the value of residential property. A single agent can transition to a transaction broker, but only with the principal's written consent before the change.
On the exam
Exam trap
Tested in
Authorized Relationships (7% of the exam)
From definition to recall
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Try 5 free questionsRelated terms
- Transaction Broker
Florida's default brokerage relationship, in which a licensee gives limited representation to a buyer or seller without full fiduciary duties.
- Fiduciary Duties
The full duties of trust a single agent owes a principal, often memorized with the mnemonic OLD CAR.
- No Brokerage Relationship
A Florida brokerage status in which a licensee deals with a buyer or seller as a customer and owes only three limited duties.
This definition is Florida real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.