Agency
A dual agent in Alabama represents:
ATwo buyers competing for the same property
BBoth the buyer and seller in the same transaction✓ Correct
CTwo sellers listing similar properties
DA buyer using two different financing options
Explanation
Dual agency occurs when one agent or brokerage represents both the buyer and seller in the same transaction. In Alabama, dual agency requires informed written consent from both parties.
Related Alabama Agency Questions
- In Alabama, the duty of confidentiality requires a listing agent to:
- A listing agreement is a contract between:
- In Alabama, a seller's agent may disclose which of the following about the seller to a buyer?
- Which of the following best describes the concept of 'ratification' in agency law?
- A material fact in real estate is best defined as:
- Under Alabama law, an agent who learns their client intends to use the property for an illegal purpose should:
- A buyer's agent who learns the sellers are going through a divorce and are highly motivated should:
- A buyer's broker discovers that the seller is facing foreclosure — information not directly related to the property. The buyer's broker should:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →