Agency
In Tennessee, a seller's real estate agent who also represents the buyer in the same transaction without proper disclosure and consent has committed:
APuffery
BUndisclosed dual agency — a serious violation of Tennessee license law and fiduciary duty✓ Correct
CSubagency
DAn ethical but legally permissible practice
Explanation
Undisclosed dual agency — representing both buyer and seller in the same transaction without both parties' knowledge and written consent — is a serious violation of Tennessee license law and may result in disciplinary action, loss of commission, and civil liability.
Related Tennessee Agency Questions
- In Tennessee, a real estate agent may ethically receive compensation from both the buyer and the seller in the same transaction if:
- In Tennessee, a limited dual agency is permitted when:
- In Tennessee, a buyer's agency agreement typically provides that the buyer's agent receives compensation:
- A Tennessee licensee who is offered cash 'under the table' from the seller to steer a buyer away from other listings should:
- A principal broker in Tennessee owes which of the following duties to a customer (non-client)?
- A buyer's agent in Tennessee who learns the buyer is being transferred and must purchase within 60 days should:
- Under Tennessee law, when a buyer and seller in a transaction are both represented by different licensees from the same brokerage, and the principal broker does NOT intervene, this situation is most accurately described as:
- In Tennessee, the listing broker's duty of loyalty to the seller means the broker must:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →