Agency
In South Carolina, 'informed consent' in a dual agency arrangement means both parties:
AHave been advised by an attorney
BUnderstand and agree in writing to the agent representing both sides✓ Correct
CHave signed separate agency disclosure forms
DHave waived the right to complain to SCREC
Explanation
Informed consent for dual agency requires both parties to understand the implications (the agent cannot fully advocate for either party) and agree to it in writing before proceeding.
Related South Carolina Agency Questions
- Which of the following actions by a South Carolina buyer's agent would be a breach of fiduciary duty?
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