· 11/13/1984
Swallows v. Laney
Citations
- 691 P.2d 874
- 102 N.M. 81
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- fiduciary \holds a position of great trust and confidence and must act in utmost good faith\
- transaction void where broker sought to purchase property from his own principal but failed to disclose all material facts
- factors include course of conduct between the parties, extent of broker’s holding out as principal’s advisor and confident, principal’s dependence on broker, and lack of sophistication of principal in real estate matters
- “A fiduciary relationship exists in all cases where there has been a special confidence reposed in one who in equity and good conscience is bound to act in good faith and with due regard to the interests of one reposing the confidence.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Federici, Riordan, Stowers
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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