If you fail to notify your client of a conflict of interest, in addition to the duty of loyalty, what other duty have you breached?

The correct answer is that by failing to notify your client of a conflict of interest, you breach the duty of disclosure. In a real estate transaction, agents owe their clients a fiduciary duty that includes several components, one of which is the duty of disclosure. This duty requires agents to fully disclose any material facts that could impact the client's decision-making process, including potential conflicts of interest.

When an agent becomes aware of a conflict of interest, it is crucial for them to inform their client to ensure transparency and allow the client to consider the implications of that conflict. By failing to disclose this information, the agent not only violates the trust inherent in the client-agent relationship but also undermines the client's ability to make informed choices regarding their dealings.

While loyalty, confidentiality, obedience, and reasonable skill and care are all important components of an agent's responsibilities, the specific breach related to failing to notify clients about conflicts directly pertains to the duty of disclosure. This duty ensures that clients are aware of all relevant information that could affect their interests and decisions.