Agency
Dual agency in Georgia under BRRETA requires:
ANo disclosure because it is the default relationship
BOnly verbal consent from both parties
CWritten informed consent from both the buyer and seller✓ Correct
DAutomatic disclosure to GREC
Explanation
Dual agency in Georgia requires the written informed consent of both the buyer and seller before the broker may represent both parties in the same transaction.
Related Georgia Agency Questions
- In Georgia, a transaction where no written buyer brokerage agreement exists and the buyer works with a cooperating broker is governed by:
- The doctrine of respondeat superior in real estate agency means:
- Under Georgia's BRRETA, a broker who represents the seller also becomes the buyer's agent when:
- A designated agency arrangement in Georgia means:
- The duty of accounting in an agency relationship requires the agent to:
- Apparent authority of an agent arises from:
- An agent who lists a property discovers that the foundation has serious undisclosed defects. The agent's duty to the buyer requires:
- A Georgia real estate broker who acts as a property manager for a client is acting in what capacity?
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