Agency
A Louisiana licensee acting as a dual agent must:
AOnly represent the seller's interests
BObtain informed written consent from both buyer and seller✓ Correct
CSplit the commission equally
DWithdraw from the transaction
Explanation
A dual agent in Louisiana must obtain the informed written consent of both the buyer and seller before proceeding with dual representation.
Related Louisiana Agency Questions
- A Louisiana agent who represents neither party in a real estate transaction but assists them in completing it is called a:
- A Louisiana real estate agent who provides false information on a listing about the property's square footage is engaged in:
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- In Louisiana, a real estate licensee who represents the seller owes which primary duty to the buyer?
- In Louisiana, a buyer's agent is paid by the seller through the commission split. This arrangement means the buyer's agent:
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