care is the agent must exercise a reasonable degree of care while transacting the business entrusted to him or her by the principal. The principal expects the agent's skill and expertise in real estate matters to be superior to that of the average person. The most fundamental way in which the agent exercises care is to use that skill and knowledge on the principal's behalf. The agent should know all facts pertinent to the principal's affairs, such as the physical characteristics of the property being transferred and the type of financing being used. (See agent, law of agency, principal).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). care. Retrieved September 22, 2026, from http://smartdefine.org/care/definitions/1149456 |
| Chicago | Barry Goldsmith. 2010. "care" http://smartdefine.org/care/definitions/1149456 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, care, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/care/definitions/1149456>. |
| MLA | Barry Goldsmith. "care" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/care/definitions/1149456> |