Agency
What is 'dual agency' and what are its limitations in Delaware?
AAn agent working for two different brokerages at once
BRepresenting both buyer and seller in the same transaction; even with disclosure and consent, the dual agent cannot fully advocate for either party and must limit fiduciary duties — maintaining confidentiality and neutrality without favoring either side✓ Correct
CAn agent who works both commercial and residential transactions
DTwo agents from the same brokerage each representing different parties
Explanation
Disclosed dual agency in Delaware requires written consent of both parties. The dual agent cannot: disclose the seller's minimum price, reveal the buyer's maximum, or advocate fully for either party's position.
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