Agency
What does Idaho agency law require when a buyer's agent discovers a property listed by their own brokerage?
AThe buyer must find another agent
BThe potential in-house transaction creates a disclosed limited agency situation requiring written consent from both buyer and seller✓ Correct
CThe buyer's agent automatically represents both parties
DThe transaction may proceed without any special disclosure
Explanation
When a buyer's agent in Idaho identifies a property listed by their own brokerage, a potential conflict arises. This creates an in-house transaction requiring the disclosed limited agency form and written consent from both the buyer and the seller.
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