Agency
In Colorado, a broker who represents both landlord and tenant in a lease transaction acts most appropriately as:
AA dual agent with full fiduciary duties to both
BA transaction broker providing limited services to both parties✓ Correct
CThe landlord's exclusive agent only
DAn unlicensed referral agent
Explanation
When a Colorado broker facilitates a lease transaction representing both landlord and tenant, transaction brokerage is the appropriate relationship. The broker provides assistance and limited services without representing either party as their exclusive advocate.
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