Agency
A Tennessee broker who represents both the buyer and seller in the same transaction without disclosure and written consent is guilty of:
ADesignated agency
BSubagency
CUndisclosed dual agency, which is illegal✓ Correct
DTransactional brokerage
Explanation
Undisclosed dual agency—representing both parties without their knowledge and written consent—is illegal in Tennessee and constitutes a serious violation of license law that can result in license revocation.
Related Tennessee Agency Questions
- Under Tennessee license law, which conduct would constitute 'commingling'?
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