Agency
In Illinois, when a licensee represents both the buyer and seller in a transaction without the consent of both parties, this constitutes:
ADesignated agency
BUndisclosed dual agency, which is illegal✓ Correct
CTransactional brokerage
DSingle agency
Explanation
Illinois law permits dual agency only with full disclosure and written consent from both the buyer and the seller. Representing both parties without obtaining that informed written consent is undisclosed dual agency, which violates the Illinois Real Estate License Act of 2000 and can result in license revocation, fines, and civil liability.
Related Illinois Agency Questions
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