According to Kentucky law, what duty does Todd owe his seller client?

Prepare for the Kentucky 96-Hour Salesperson Test with multiple choice questions and detailed explanations. Boost your knowledge and confidence for success!

In Kentucky, a real estate salesperson has a fiduciary duty to their client, which includes a range of responsibilities aimed at serving the client's best interests. One of these key duties is to assist with presenting offers and counteroffers. This means that Todd, as the salesperson, is tasked with ensuring that all offers received for the property are communicated to the seller in a timely manner and that any counteroffers are presented and discussed thoroughly. This role is crucial, as it directly impacts the negotiation process and ensures that the seller is fully informed of their options, allowing them to make decisions that align with their goals for the sale.

The other duties mentioned, such as providing legal counsel, managing the property, or negotiating commission fees, fall outside the scope of what a salesperson is typically responsible for. Salespersons are not licensed to provide legal advice; the management of the property usually falls under the realm of property management or might be addressed separately by the seller; and commission negotiations are typically discussed within the framework of the listing agreement rather than by the salesperson independently. Thus, assisting with the negotiation of offers and counteroffers is a fundamental aspect of the sales process and reflects the fiduciary duty owed to the client.

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