Not exact matches
In this decision, the California Supreme Court considered the duty
owed by a listing broker to the buyer when the broker is acting
as a
dual agent.
Pennsylvania federal court rules that real estate brokerage did not
owe fiduciary duties to seller when acting
as a
dual agent and so dismissed those claims against brokerage but allowed other claims made against brokerage to continue.
In order to act
as a limited
dual agent, a licensee (whether the brokerage in brokerage agency or the designated
agent in designated agency) must have the agreement of the two clients
as to how the duties
owed to those clients are to be modified or made inapplicable.