Agency
Dual agency in Kentucky requires:
AApproval from the Kentucky Real Estate Commission
BWritten informed consent from both buyer and seller✓ Correct
CThe licensee to represent neither party
DA separate broker for each party
Explanation
Dual agency in Kentucky requires written informed consent from both the buyer and the seller before the licensee may represent both parties in the same transaction.
Related Kentucky Agency Questions
- In Kentucky, when a listing agent shows a property to an unrepresented buyer, the agent owes the buyer:
- Under Kentucky law, when must a licensee provide agency disclosure to a prospective buyer?
- When a Kentucky agency agreement is terminated, the duty of confidentiality:
- A listing broker in Kentucky owes which of the following duties to an unrepresented buyer?
- When must a Kentucky licensee provide the agency disclosure to a buyer?
- In Kentucky, a buyer using a licensee without signing any agreement is most likely being served as:
- A Kentucky principal may ratify an unauthorized act of their agent by:
- A subagent in a Kentucky real estate transaction represents:
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