Agency
In Maine, a broker may represent both buyer and seller in the same transaction as a dual agent only if:
AThe transaction benefits both parties financially
BBoth parties give informed written consent after disclosure of the dual agency✓ Correct
CThe broker has more than 10 years of experience
DThe MREC approves the dual agency arrangement
Explanation
Maine allows dual agency only when both the buyer and seller receive full disclosure of the arrangement and provide informed, written consent before the agent begins acting as a dual agent.
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