Agency
In Virginia, a 'disclosed dual agent' must do which of the following?
AShare all client confidences with both parties
BObtain informed written consent from both parties and maintain confidentiality of each party's motivations✓ Correct
CAlways recommend the buyer accept the seller's asking price
DRefuse to negotiate on behalf of either party
Explanation
A disclosed dual agent in Virginia must obtain informed written consent from both parties, keep each party's confidential information private, and cannot advocate aggressively for either side's negotiating position.
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