Agency
In a Maryland dual agency arrangement, the agent must obtain written consent from:
AOnly the buyer
BOnly the seller
CBoth buyer and seller✓ Correct
DThe Maryland Real Estate Commission
Explanation
Maryland law requires written informed consent from both the buyer and the seller before a licensee may act as a dual agent.
Related Maryland Agency Questions
- What is the primary purpose of the Maryland agency disclosure form ('Understanding Whom Real Estate Agents Represent')?
- In Maryland, a buyer who signs a buyer-broker agreement for a 90-day period and then tries to terminate the agreement early:
- In Maryland, a buyer's agent is showing properties outside the buyer's specified price range without permission. This is a violation of the duty of:
- A Maryland seller's agent learns the seller will accept $10,000 below the list price. The agent is asked by the buyer's agent if the seller will negotiate. The listing agent should:
- A Maryland buyer's agent discovers that the property the buyer wants to purchase is next to a proposed highway interchange. The agent must:
- Under Maryland law, a real estate agent is considered an agent of the:
- When a Maryland listing expires and is relisted with a new broker, the seller's confidential information shared with the first broker:
- In Maryland, the agency relationship between a licensee and client must be disclosed:
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