Agency
Minnesota requires dual agency disclosure to be:
AVerbal only, acknowledged in writing at closing
BWritten and signed by both buyer and seller before proceeding✓ Correct
CFiled with the Department of Commerce
DDisclosed only to the buyer
Explanation
Minnesota law requires that dual agency be disclosed in writing and that both the buyer and seller provide written consent before the agent can act as a dual agent. Without written consent, dual agency is illegal in Minnesota.
Related Minnesota Agency Questions
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