Agency
In Rhode Island, consensual dual agency is permitted when:
ABoth the buyer and seller are sophisticated investors
BThe broker receives written consent from both the buyer and seller after full disclosure✓ Correct
COnly the listing broker approves it
DThe transaction involves commercial property only
Explanation
Rhode Island permits dual agency only when the broker provides full written disclosure of the dual agency relationship and obtains written informed consent from both the buyer and the seller. Without this consent, dual agency is illegal.
Related Rhode Island Agency Questions
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