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Is undisclosed dual agency illegal in California?

Dual agency is not illegal in California, but it is a heavily litigated area of real estate law.

Who benefits most from dual agency?

With only one agent involved in the deal, you may be able to streamline communications between the buyer and the seller. Although there are some benefits for the buyer, the person who benefits the most from this type of agreement is the dual agent themselves.

Is dual agency legal in MS?

A licensee may act as a dual agent only with the consent of all parties to the transaction. Consent shall be presumed by a written agreement pursuant to section 339.780. 2.

Which of the following is a requirement for a valid agency relationship?

Consent: Consent of both the principal and the agent is necessary to form an agency relationship. More specifically, both the principal and the agent must consent to the agent acting on the principals behalf and subject to the principals control.

Under what circumstances would undisclosed dual agency be appropriate?

Occurs when both principal parties in the same transaction are represented by a fiduciary without full disclosure to and approval from all parties in the transaction. Related Articles: New York Salesperson Flash Cards.

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