Agency
In Arizona, 'consensual dual agency' requires which of the following from both parties?
AVerbal consent at the time of the dual agency
BWritten informed consent after full disclosure of the implications of dual agency✓ Correct
COnly the broker's consent is needed
DConsent recorded in the MLS listing notes
Explanation
Arizona's limited consensual dual agency requires full disclosure of the agency situation and its implications, followed by written informed consent from both the buyer and seller before the dual agency arrangement can proceed.
Related Arizona Agency Questions
- When does an agency relationship in Arizona typically terminate?
- The duty of 'accounting' in an agency relationship requires the agent to:
- A listing agent who, without authorization, tells the buyer that the seller will accept $20,000 below list price has breached the duty of:
- In Arizona, at what point must a licensee provide an agency disclosure to a prospective buyer or seller?
- In Arizona, which scenario creates an undisclosed dual agency — a violation of license law?
- An implied agency relationship is created when:
- Procuring cause in Arizona real estate refers to:
- An Arizona listing broker has a duty to present all offers to the seller:
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