Agency
In Rhode Island, a buyer's agent who also represents the seller in the same transaction without full disclosure and consent is engaging in:
APermitted dual agency
BUndisclosed dual agency, which is illegal✓ Correct
CTransaction brokerage
DSubagency
Explanation
Undisclosed dual agency — representing both buyer and seller in the same transaction without the knowledge and written consent of both parties — is illegal in Rhode Island and constitutes a serious violation of license law and fiduciary duty.
Related Rhode Island Agency Questions
- Apparent authority in agency arises when:
- Under Rhode Island law, a 'non-exclusive buyer agency agreement' means:
- Under Rhode Island law, 'informed consent' for dual agency must be:
- In Rhode Island, what must a broker do when they receive multiple offers on a property they have listed?
- Which of the following best describes 'ratification' of agency?
- Under Rhode Island law, which statement about buyer agency agreements is correct?
- In Rhode Island, the duty of 'obedience' requires an agent to:
- What is a 'safety clause' (or 'extender clause') in a Rhode Island listing agreement?
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