Which of the following is an example of a fiduciary duty during a real estate transaction?

In a real estate transaction, a fiduciary duty refers to the responsibility of an agent to act in the best interest of their client, prioritizing the client's needs above their own or any other competing interests. Disclosing all known issues with the property is a critical aspect of this duty. This transparency ensures that clients are fully informed about any potential problems that could affect their decision-making. By providing this vital information, the agent demonstrates trustworthiness and integrity, which are key components of the fiduciary relationship.

Other choices may not align with the core principles of fiduciary duty. For instance, being impartial to both buyer and seller could imply a lack of loyalty to either party, which contradicts the obligation to prioritize the client's best interests. Offering the lowest price for a quick sale might not serve the best interest of the client, especially if they would benefit from negotiating a better price. Providing only basic information to clients fails to fulfill the obligation of full disclosure, which is essential for informed decision-making. Therefore, the correct option aligns with the critical responsibility of maintaining transparency and integrity throughout the transaction.