Agency
A NJ broker who simultaneously represents a buyer and a seller as a disclosed dual agent must provide both clients with:
AOnly verbal disclosure
BWritten disclosure of the dual agency and obtain written informed consent from both buyer and seller before proceeding✓ Correct
COnly a Consumer Information Statement
DOnly notification after the transaction closes
Explanation
Disclosed dual agency in NJ requires the broker to provide written disclosure of the dual representation and obtain written informed consent from both the buyer and the seller before continuing to represent both parties in the transaction.
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