Agency
A Maryland buyer's agent who also represents the seller in the same transaction without written consent from both parties has created an:
AAuthorized dual agency
BUnauthorized dual agency — a violation of Maryland law✓ Correct
CPermissible designated agency
DAcceptable transaction brokerage
Explanation
Dual agency in Maryland requires the prior written informed consent of both parties. Without it, representing both parties is an unauthorized dual agency and a violation of law.
Related Maryland Agency Questions
- In Maryland, an agent's duty to maintain confidentiality of the client's personal and financial information:
- Under Maryland law, which type of agency relationship allows one licensee to represent both buyer and seller in the same transaction with written consent?
- When a Maryland licensee represents the seller, the duty of obedience requires the agent to:
- The most significant difference between a buyer's agent and a transaction broker in a state that allows transaction brokerage is:
- The Maryland Brokerage Relationship Disclosure form must be provided to customers and clients:
- The duty of disclosure owed by a Maryland licensee to a customer (non-client) includes:
- In Maryland, an implied agency may be created when:
- A Maryland seller instructs their agent to not disclose that the neighbor has an ongoing dispute about the fence line. The agent should:
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