Agency
What is 'advance consent to dual agency' (disclosed limited agency) in Idaho?
APermission to represent buyers before any property is identified
BA provision in a listing or buyer representation agreement where the client consents in advance to the possibility of disclosed limited agency if an in-house situation arises✓ Correct
CA blanket waiver of all fiduciary duties
DPermission to share confidential information with both parties
Explanation
Many Idaho agreements include an advance consent clause allowing the client to acknowledge and agree to potential disclosed limited agency if an in-house situation arises. This can simplify the process when an in-house transaction occurs.
Related Idaho Agency Questions
- Under Idaho law, what happens to the agency relationship when a real estate transaction closes?
- In Idaho, an agent is required to exercise 'reasonable care' which means:
- In Idaho, the Seller's Property Disclosure Statement is NOT required for which of the following?
- Under Idaho law, when may an agent keep a client's confidential information secret even after the agency relationship ends?
- Idaho requires a written agency disclosure to be provided to all parties to a real estate transaction:
- What is the term for the cancellation of an agency relationship by mutual agreement of both parties in Idaho?
- In Idaho, an agent representing a buyer must disclose to the seller which of the following?
- Dual agency occurs when:
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