Exam term
Dual agency
Representation of both the buyer and the seller in the same transaction by one licensee or brokerage. States treat it differently: some permit it with the informed written consent of both parties, some use an intermediary or transaction-broker arrangement instead, and some prohibit it.
Lessons that use this term
- Agency defined: principal, agent, third party, general and special agents California
- Agency relationships in California: seller's, buyer's, and dual agents California
- Fiduciary duties an agent owes the principal California
- Representing a seller or a buyer: offers, price, and confidential information California
- The California agency relationship disclosure: who, what, and when California
- Duties to non-client third parties: honesty and material facts California
- Buyer broker agreements California
- The law of agency and fiduciary duties Florida
- Transaction brokerage: the duties owed and the statutory presumption Florida
- Single agent relationships: duties and disclosure Florida
- Transition from single agent to transaction broker, and designated sales associates Florida
- Maintaining a license: pocket cards, changes of association, branch offices, dual licensure, renewal and continuing education New York
- The real estate agent, agency defined, and client versus customer New York
- Agency and brokerage: who is the agent, the salesperson, and cooperating brokers New York
- Agency alternatives and subagency New York
- Dual agency, informed consent, and designated sales agents New York
- Single agency: seller and landlord agency, buyer and tenant agency, and the broker's agent New York
- The agency disclosure form under Real Property Law section 443 New York
- Types of agency and licensee-client relationships Texas