Agency
What must a Kansas dual agency disclosure include?
AThe exact commission split between brokers
BThat the agent will represent both buyer and seller with reduced fiduciary duties✓ Correct
CThe names of all buyers who viewed the property
DA waiver of the buyer's right to inspection
Explanation
Dual agency disclosure in Kansas must inform both parties that the agent is representing both buyer and seller, which limits the fiduciary duties owed to each party.
Related Kansas Agency Questions
- Under Kansas agency law, a licensee acting as a transaction broker owes which of the following duties to both parties?
- In Kansas, subagency means:
- A Kansas agent who enters into a buyer agency agreement for a period of 90 days may be entitled to a commission even if the buyer purchases a property:
- In Kansas, what disclosures must a real estate broker make at first substantive contact with a consumer?
- A Kansas agent who discloses their client's health concerns as the reason they are selling the home without authorization has violated:
- In Kansas, a real estate agent's liability for misrepresentation can be reduced if they:
- A Kansas licensee who works with a buyer without a written agency agreement is most likely acting as:
- A Kansas real estate team consists of a team leader and several buyer's agents working under the same broker. The broker:
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