Agency
In Arizona, a real estate agent who acts for both buyer and seller without disclosure of dual agency and without consent may be liable for:
AOnly an ethics violation
BBreach of fiduciary duty, fraudulent concealment, and license violations—potentially losing all commission✓ Correct
COnly a refund of the commission
DOnly administrative sanctions from ADRE
Explanation
Undisclosed dual agency is a serious violation. The agent can lose the entire commission (both sides), face license revocation, and be liable for damages to both parties for breach of fiduciary duty and fraudulent concealment.
Related Arizona Agency Questions
- Under Arizona agency law, the duty of confidentiality means an agent must NOT disclose:
- In Arizona, at what point must a licensee provide an agency disclosure to a prospective buyer or seller?
- Arizona requires that dual agency (limited representation) be disclosed and consented to:
- In Arizona, when a licensee represents a buyer, all offers submitted by that licensee to the seller must:
- In Arizona, which scenario creates an undisclosed dual agency — a violation of license law?
- In Arizona, an agent who shows their own listing to an unrepresented buyer is typically acting as a:
- The 'procuring cause' doctrine in Arizona determines:
- An agent who acts beyond the authority granted by the principal is acting:
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