Agency
In NH, a single agent (as opposed to a dual agent) represents:
ABoth buyer and seller
BOnly one party in a transaction✓ Correct
CA government entity
DAn unlicensed party
Explanation
A single agent represents only one party (either the buyer or the seller) in a transaction, owing full fiduciary duties exclusively to that client. This avoids the conflicts inherent in dual agency.
Related New Hampshire Agency Questions
- A NH buyer's agent who receives a referral fee from a home inspector for recommending the inspector to clients must:
- A NH real estate agent who represents a buyer in the purchase of a commercial property should advise the buyer to:
- In New Hampshire, an agent may represent a buyer as a customer (non-client) rather than a client. As a customer, the buyer receives:
- A NH buyer's agent has the buyer's written authority to negotiate on their behalf. During negotiations, the agent can:
- A New Hampshire licensee acting as a transaction broker (facilitator) owes the parties:
- A NH seller's agent who learns the seller is going through a divorce and is 'desperate to sell quickly' should:
- In NH, a real estate agent who acts beyond their authority (e.g., accepting an offer on behalf of a seller without authorization) may be personally liable under the doctrine of:
- An agent who represents neither the buyer nor the seller but assists both parties in completing a transaction is called a:
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