Agency
In Louisiana, when the listing agent and selling agent are from the same brokerage, the transaction is typically handled as:
ATwo separate agencies with no conflicts
BAn in-house (in-company) transaction requiring disclosure of the relationship and either dual agency or designated agency protocols✓ Correct
CA subagency arrangement automatically
DA transaction where only one agent is paid
Explanation
When both agents work for the same brokerage, the brokerage technically represents both parties — creating a dual agency situation. The broker must disclose this and obtain written consent from both parties, or use designated agency if the brokerage has that policy.
Related Louisiana Agency Questions
- Subagency in Louisiana means:
- Puffing in real estate occurs when an agent:
- In Louisiana, a designated agency arrangement means:
- In Louisiana, a buyer's agency agreement that includes an 'exclusive right to represent' provision means:
- An agent who earns a referral fee from a home warranty company without disclosing this to the client is violating which duty?
- A Louisiana real estate agent discovers that the buyer they represent has a prior bankruptcy. Regarding this information and the seller:
- Under Louisiana law, an agency relationship terminates automatically upon:
- Under Louisiana law, an agency relationship created without a written agreement but where the principal's conduct leads a third party to reasonably believe an agency exists is called:
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →