Agency
An Indiana listing agent who sells the property to a buyer and receives the full 6% commission (both sides) has engaged in:
AStandard single-agent representation
BA dual agency transaction that required disclosure and consent from both parties to be permissible✓ Correct
CAn illegal co-broke arrangement
DA net listing
Explanation
When a listing agent also represents the buyer in the same transaction (taking both sides of the commission), this is dual agency — which requires written disclosure and consent from both buyer and seller to be legal under Indiana license law.
Related Indiana Agency Questions
- Which type of agency relationship is created when a broker is appointed to represent a buyer exclusively?
- Indiana's Non-Agency Brokerage (transaction broker) relationship was created to allow brokers to:
- A buyer's broker in Indiana who discovers their buyer client has a criminal background that may affect their ability to purchase must:
- Indiana's agency disclosure law requires the broker to provide written disclosure:
- Indiana requires that the agency disclosure form be provided to a consumer:
- In Indiana, disclosed dual agency requires:
- A listing agreement creates which type of agency relationship?
- An Indiana listing broker who knows the seller's house has a cracked sewer line but does not disclose it to a buyer has:
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →