Agency
A Florida real estate broker represents both the buyer and the seller in the same transaction as a single agent for each. This arrangement is called:
ATransaction brokerage
BDual agency✓ Correct
CFacilitated agency
DDesignated agency
Explanation
Dual agency occurs when one broker (or brokerage) represents both the buyer and seller as single agents in the same transaction. Florida law prohibits traditional dual agency because a licensee cannot fully represent both parties' conflicting interests simultaneously.
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