Agency
In Arizona, an agent who represents both the buyer and seller in the same transaction is called a:
ADual agent
BTransactional broker
CDesignated agent
DLimited consensual dual agent✓ Correct
Explanation
Arizona uses the term 'limited consensual dual agent' for an agent who, with written informed consent of both parties, represents both buyer and seller in the same transaction.
Related Arizona Agency Questions
- An Arizona buyer's agent who also works part-time for a mortgage company and refers buyers to that company without disclosure is:
- An Arizona seller tells their listing agent they will accept $380,000, though the property is listed at $399,000. The agent must:
- An Arizona buyer who uses a buyer's agent without a written agreement may find that the agent:
- In Arizona, the term 'buyer's agent' means an agent who:
- The term 'client' in Arizona real estate agency means:
- An Arizona licensee who earns a referral fee from a home warranty company in connection with a transaction must:
- Agency by estoppel in Arizona arises when:
- A material fact that an Arizona agent must disclose includes:
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →