Agency
Under Alaska law, dual agency requires:
AVerbal consent from both buyer and seller
BWritten informed consent from all parties before the agency is established✓ Correct
CApproval from the Alaska Real Estate Commission
DDisclosure only at the time of closing
Explanation
Alaska requires written informed consent from both the buyer and the seller before a dual agency relationship is established. This written consent must be obtained before any confidential information is exchanged, ensuring all parties knowingly agree to the arrangement.
Related Alaska Agency Questions
- An Alaska listing agent who believes a buyer's offer is too low may:
- Which of the following best describes a designated agency arrangement?
- In Alaska, a seller's agent owes which of the following duties to an unrepresented buyer?
- When does a seller's listing agency relationship terminate?
- The fiduciary duty of 'accounting' requires a real estate agent to:
- A listing agent in Alaska discovers that the seller concealed a leaking roof. The agent's duty is to:
- Which of the following actions would terminate an agency relationship in Alaska by operation of law?
- The duty of 'loyalty' in an Alaska agency relationship means the agent must:
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