Which of the following components is NOT part of COLDAC?

COLDAC is an acronym used in real estate that stands for Care, Obedience, Loyalty, Disclosure, Accounting, and Confidentiality. Each of these components represents a duty that a real estate agent owes to their client.

In this context, 'Care' involves the agent's responsibility to provide competent and diligent service, ensuring that they are knowledgeable about the property and market to act in the best interest of the client. 'Obedience' refers to the agent's obligation to follow the lawful instructions of their client. 'Loyalty' signifies the agent's duty to put the interests of the client above their own. 'Disclosure' involves informing the client of all material facts that could affect their decision. 'Accounting' pertains to the proper handling and reporting of funds and ownership. Finally, 'Confidentiality' requires the agent to keep the client's private information safe.

Since 'Dedication' is not a part of this acronym, identifying it as the correct answer demonstrates an understanding of the specific components that form COLDAC and the duties agents must adhere to in their professional relationships.