Sentences with phrase «disclosed dual agency relationship»

If she does enter into a disclosed dual agency relationship, Rita must observe her state's dual agency laws, which probably require her to keep some types of information from each party confidential.

To ensure that all parties understand dual agency and consent to it, and to remain compliant with the law, real estate agents fully disclose dual agency relationships.

Not exact matches

A majority work for independent, franchised companies, 61 percent, and practice a buyer and seller agency relationship with disclosed dual agency.

Those rules permit different agency relationships as long as seller's agents and dual agents disclose their agency relationship up front.

In Colorado, as in most states, disclosed dual agency, which is where the parties know of and consent to the relationship, is legal.

In order to comply with the disclosure requirements of section 5 - 10 of the Rules, appropriate disclosure of the limited dual agency relationship must be made at the first reasonable opportunity and, where possible, made before either client has disclosed confidential information to the agent.

As of Jan. 1, 2015, the duty of a real estate agent to disclose in writing his or her representation of a buyer, seller, tenant and / or landlord, including any dual agency relationship, in residential real property transactions extended to transactions involving commercial real property.