Plaintiff alleged that the real estate broker, employed by Insignia, representing her in connection with the purchase of a building failed to disclose that the building was designated as class B single room occupancy (SRO) under Multiple Dwelling Law § 4 (9). A real estate broker's fiduciary duties include an obligation to keep her principal informed of all material facts within the broker's knowledge regarding the relevant transaction (Dubbs v Stribling & Assoc...
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