Agency
In Georgia, a broker who represents both the buyer and seller in the same transaction is called a:
ADual agent✓ Correct
BTransaction broker
CDesignated agent
DSubagent
Explanation
A broker who represents both buyer and seller in the same transaction is a dual agent. In Georgia, dual agency must be disclosed and consented to in writing by both parties.
Related Georgia Agency Questions
- An agent who acts outside the scope of their authority creates what type of liability?
- A Georgia agent who represents a buyer in a transaction where the agent's own firm listed the property is engaged in:
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