Agency
In Hawaii, dual agency occurs when a licensee represents:
ATwo buyers competing for the same property
BBoth the buyer and seller in the same transaction✓ Correct
CA seller and a landlord simultaneously
DA buyer purchasing two properties
Explanation
Dual agency in Hawaii occurs when a single licensee or brokerage represents both the buyer and the seller in the same real estate transaction. It requires informed written consent from both parties.
Related Hawaii Agency Questions
- What is a 'buyer representation agreement' exclusive clause and what does it mean for Hawaii buyers?
- When a Hawaii buyer's agent presents an offer to a seller, the buyer's agent must:
- What is 'vicarious liability' as it relates to a Hawaii broker's responsibility for their salesperson's actions?
- A Hawaii seller instructs their listing agent to tell prospective buyers the property has never flooded, but the agent knows it flooded once. The agent must:
- In Hawaii, an agent's duty to 'disclose' material facts is owed to:
- In Hawaii, an agent who fails to present an offer to the seller because they personally believe it is too low is:
- When a Hawaii real estate agent represents both the buyer and seller in the same transaction, this is known as:
- An agent who acts beyond the scope of authority granted by the principal has committed:
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