Legal TermsHomebuying Glossary
Fiduciary Duty
A legal obligation to act in someone else's best financial interest, not your own.
In plain English
A fiduciary duty requires someone — like your buyer's agent — to prioritize your interests above their own, disclose conflicts of interest, and act with loyalty, care, and honesty throughout the relationship.
Why it matters
This is exactly why dual agency is treated so carefully — an agent can't fully owe fiduciary duty to two sides of the same deal at once.
Where you'll run into it
Guides and tools on TheBuyingPath that cover fiduciary duty in context.
Related terms
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