Agency
When a Maryland buyer's agent shows a client a property listed by their own brokerage, the situation may be:
AA standard transaction with no disclosure needed
BAn in-house or dual agency situation requiring appropriate disclosure and consent✓ Correct
CAutomatically a sub-agency relationship
DProhibited under Maryland law
Explanation
When both the buyer's agent and listing agent are from the same brokerage, a potential dual or designated agency situation arises requiring proper disclosure and written consent.
Related Maryland Agency Questions
- In Maryland, which disclosure form must a licensee provide to a buyer or seller at the first meeting involving a specific property?
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- A Maryland licensee representing a buyer has a duty to:
- The Maryland brokerage relationship disclosure form must be signed by the:
- A Maryland seller's agent who knows the seller is going through a divorce must:
- A Maryland listing agent's duty of care to the seller includes:
- When a Maryland licensee represents the seller, the duty of obedience requires the agent to:
- In Maryland, an agent may represent a buyer as a customer (non-client) relationship if:
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