Principles of Real Estate 1 Part 2 Flashcards agent's fiduciary obligations to the principal The acronym "OLD CAR" is used to remember the upon substantive conversationReal estate licensees must provide all prospective parties to the transaction with specific written information explaining available types of brokerage services Renunciation or RevocationBy what method does the owner terminated the agency, if the owner took the property off the market?put the principal's best interest above his/her ownAn agent's "fiduciary obligations" to the principal means the agent must