Agency
In New York, a 'transaction broker' (non-agent facilitator) differs from a buyer's or seller's agent in that they:
ARepresent both parties equally
BAssist the parties without acting as an agent or owing fiduciary duties to either party✓ Correct
CAre licensed as attorneys only
DCan only be used in commercial transactions
Explanation
A transaction broker (or facilitator) helps both parties complete a transaction without representing either as an agent. They do not owe fiduciary duties but must be honest and disclose material facts.
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