Which term refers to the obligation to disclose all material facts to a client?

The term that refers to the obligation to disclose all material facts to a client is the "Duty of disclosure." This concept is fundamental in the law of agency, as agents are required to share vital information that could affect their client's decision-making or interests. The duty of disclosure ensures that the client has all the necessary information to make informed choices, thereby fostering trust and integrity in the agency relationship.

Each agent has a legal and ethical responsibility to reveal relevant facts that they know or should reasonably know, which can significantly influence the client's perspective or actions in a transaction. Failing to uphold this duty can lead to legal repercussions for the agent and may damage the relationship with the client. The focus of the "Duty of disclosure" is specifically on this obligation, distinguishing it from related but different concepts like transparency or general duties to inform.