Agency
In Florida, a 'dual agent' relationship is NOT recognized because:
AIt requires too much paperwork
BFlorida law only recognizes single agent, transaction broker, and no brokerage relationship — not dual agency as a separate category✓ Correct
CIt is only permitted in commercial transactions
DIt requires an attorney to supervise
Explanation
Florida does not recognize dual agency as a distinct relationship category. When a broker's client wants to buy a property listed by the same brokerage, the broker must either transition to transaction broker (with consent) or use designated sales associate representation (in non-residential transactions).
Related Florida Agency Questions
- A Florida broker who represents the buyer in purchasing a foreclosed home from a bank should provide which disclosure to the buyer?
- A Florida broker serves as a transaction broker for a seller. The seller instructs the broker to tell the buyer that there are 'no roof leaks' when the broker knows there is an active leak. The broker should:
- A Florida buyer's broker fails to present a written offer to the seller because the broker believes it is too low and will be rejected. This broker has violated:
- A Florida seller's agent receives a verbal offer to purchase. The agent should:
- In Florida, the duty of 'accounting' in an agency relationship means:
- Under Florida's Brokerage Relationship Disclosure Act, the default brokerage relationship (when no written agreement exists) is:
- In Florida, which of the following is NOT among the duties owed by a transaction broker?
- A Florida buyer has signed a buyer representation agreement with Broker ABC. The buyer sees a home listed by Broker XYZ that they want to purchase. Broker ABC contacts Broker XYZ to show the property. In this scenario:
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