Agency
In Ohio, a licensee may represent both buyer and seller in the same transaction as a dual agent ONLY if:
AThe broker decides it is in everyone's best interest
BBoth the buyer and seller give informed, written consent after the nature and implications of dual agency are fully explained✓ Correct
CThe broker designates separate agents from the same office
DThe property is commercial, not residential
Explanation
Dual agency in Ohio requires the fully informed, written consent of both parties. They must understand that the agent cannot advocate exclusively for either party and has reduced fiduciary duties to both.
Related Ohio Agency Questions
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