Agency
In Kansas, when a buyer's agent discovers a property is listed by their own firm, creating dual agency, they must:
AImmediately withdraw from the transaction
BDisclose the dual agency situation and get written consent from both parties✓ Correct
CContinue without disclosure since the same company handles both sides
DTransfer the listing to a different brokerage
Explanation
When dual agency arises in Kansas, the licensee must promptly disclose the situation to both parties and obtain written informed consent from all parties before proceeding.
Related Kansas Agency Questions
- Which of the following best describes an implied agency in Kansas?
- In Kansas, 'actual authority' of a real estate agent refers to:
- A Kansas seller's agent receives an offer below the listing price. The agent is required to:
- In Kansas, a transaction broker owes which of the following duties to all parties?
- In Kansas, if an agent is instructed by a seller to make a misrepresentation to buyers, the agent must:
- Which of the following would constitute an implied agency in Kansas?
- In Kansas, what is the primary difference between a 'selling agent' and a 'buyer's agent'?
- A subagent in Kansas represents:
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