treuepflicht (allgemein)

listen to the pronunciation of treuepflicht (allgemein)
German - English
fiduciary duty
(Kanun) A duty obligating a fiduciary (as an agent or trustee) to act with loyalty and honesty and in a manner consistent with the best interests of the beneficiary of the fiduciary relationship (as a principal or trust beneficiary)
the legal duty of a fiduciary to act in the best interests of the beneficiary
A relationship of trust and responsibility that a HOA's Board of Directors or Board of Trustees owes towards all the unit owners
The legal responsibility for investing money or acting wisely on behalf of another Managers of charitable entities have fiduciary obligations to the charity See also: Ethical Behavior Topic areas: Fundraising and Financial Sustainability
The relationship of trust that buyers and sellers expect from a real estate agent The term also applies to legal and business relationships
Literally, a duty of trust depending on public confidence
Duties of care and loyalty created when a person undertakes to act for the benefit of another as to whom he has a relationship implying confidence and trust and creating the expectation that he will act with a high degree of good faith A general partner has a fiduciary duty to limited partners
The holding in trust of something by one person for another Also applies to legal, real estate and business relationships
An obligation to act in the best interest of another party
legal obligation of one party to act in the best interests of another Canada has a fiduciary obligation with respect to Indians and lands reserved for Indians under s 91(24)
Fiduciary duty is what describes the relationship between a real estate agent and a buyer or seller The term also applies to legal and business relationships as well
The duties of loyalty, disclosure, confidentiality, obedience, reasonable care and diligence and full accounting that are required by law of any agent relative to his/her principal
A duty imposed on a person who has a special relationship of trust with another
the requirement in law that union officers hold and manage union funds only for legitimate union purposes
The obligation to manage assets in the same way a prudent person would manage his hown assets