Agency
In Alabama, which type of agency relationship is created when a broker represents both buyer and seller with written consent?
ASingle agency
BSubagency
CLimited consensual dual agency✓ Correct
DTransaction brokerage
Explanation
Limited consensual dual agency occurs when one broker represents both buyer and seller in the same transaction with the written informed consent of both parties.
Related Alabama Agency Questions
- Which of the following actions would constitute a breach of fiduciary duty by a buyer's agent?
- Apparent authority of an agent arises when:
- When an Alabama salesperson represents a buyer, the employing broker is considered to be:
- A material fact in real estate is best defined as:
- A buyer's broker discovers that the seller is facing foreclosure — information not directly related to the property. The buyer's broker should:
- An Alabama buyer's agent who knows their buyer client has a strong emotional attachment to a particular property should:
- A buyer's agent in Alabama who also manages rental properties for investors has a potential conflict of interest when:
- An Alabama agent who receives offers on a listing is required to present them:
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →