In this lesson, we will delve into the fiduciary duties that real estate licensees in Nevada owe to their clients. These duties form the cornerstone of ethical real estate practice, ensuring that clients’ interests are always placed above those of the licensee. We will examine the evolution of these duties from common law principles to their codification in Nevada statutes, the concept of absolute fidelity, the duty of honesty, the requirement for reasonable skill and care, the duty to investigate material facts, and the importance of recognizing professional boundaries. By the end of this lesson, you will have a comprehensive understanding of your fiduciary responsibilities and how to uphold them in your real estate practice. Please take a moment to briefly review the corresponding documents to reinforce your knowledge of these essential duties.