Agency
When a Pennsylvania broker represents both the buyer and seller in the same transaction with full informed written consent from both parties, this is called:
ADesignated agency
BSub-agency
CDual agency✓ Correct
DTransaction brokerage
Explanation
Dual agency in Pennsylvania occurs when the same broker (or brokerage) represents both buyer and seller in the same transaction. Pennsylvania law requires fully informed written consent from both parties before a dual agency relationship may proceed. Dual agents have limited fiduciary duties to each party and cannot disclose one client's confidential information to the other.
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