NAR REALTOR® Association Certified Executive (RCE) Certification Exam

The fiduciary duty of 'accounting' in real estate requires an agent to:

Prepare tax returns for the client Safeguard and report on all funds and property entrusted to them Audit the seller's financial statements Calculate capital gains for property sales

Correct Answer:

Safeguard and report on all funds and property entrusted to them

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