Laws & AgencyCâu 26 / 120
When a single broker represents both the buyer and the seller in the same transaction, the arrangement is called:
a.Single agency
b.Subagency
c.Designated agency
d.Dual agency
Giải thích
Dual agency occurs when one broker represents both parties in the same transaction. In California it is legal only with the informed, written consent of both principals, and the agent owes limited fiduciary duties to each. The dual agent may not disclose one party's confidential price limits to the other.
Trích dẫn luật: CA Civil CodeLuyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- In California, real estate licenses are issued and regulated by the:
- The Unruh Civil Rights Act primarily prohibits discrimination by:
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- An agent who secretly buys the principal's property through a straw buyer to resell at a profit has most clearly breached the fiduciary duty of:
- An agent tells a buyer, 'This is the best house on the block.' This statement is generally considered:
- Directing prospective buyers toward or away from certain neighborhoods based on their race is the illegal practice of:
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