Agency
In Michigan, a designated agent means:
AA broker who personally handles all transactions
BA specific licensee in the brokerage designated to represent one party exclusively✓ Correct
CAn agent designated by LARA to handle disputes
DAn agent who works independently without a broker
Explanation
Designated agency allows a broker to designate specific licensees within the same brokerage to represent the buyer and seller respectively, reducing the conflicts inherent in dual agency.
Related Michigan Agency Questions
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