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North Carolina requires brokers to disclose noises, odors, smoke, or other nuisances from commercial, industrial, or military sources that affect the property. Someone dying in a home does not need to be disclosed during a sale: including suicides, accidents, or violent crimes (yes, even if it was murder).
Which of these is considered dual agency? The answer is a licensee acting for both the buyer and the seller in the same transaction.
Which one of the following statements about dual agency disclosure and informed consent in Maryland is true? Dual agency is illegal. Maryland license law allows single-license and dual-license agency, as long as the clients give written consent.
Dual agency occurs when an agent is representing both the buyer and the seller. Disclosure is of the utmost importance in cases of dual agency, as it is still the fiduciary duty of the agent to represent the interest of both clients.
In North Carolina, a licensed real estate agent is not permitted to act for more than one party in a transaction without disclosing to all parties the nature of the dual agency relationship.
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People also ask

A dual agency may be created unintentionally, which may have severe consequences for the real estate broker and others. If the dual agency is neither disclosed to nor approved by both parties to the transaction, undisclosed dual agent cannot recover any compensation, and a principal can rescind the transaction.
Transfers as a result of a divorce decree or property settlement are exempt from the disclosure requirements of the act.
This type of brokerage relationship is called dual agency. Georgia law allows real estate brokers to act as dual agents if they first get the written consent of both parties.
Did you know dual agency is legal in most states? Its legal in South Carolina as long as there is informed and written consent from all parties prior to entering into negotiations. This is known as disclosed dual agency. If you choose to go this route, you can.
Did you know dual agency is legal in most states? Its legal in South Carolina as long as there is informed and written consent from all parties prior to entering into negotiations. This is known as disclosed dual agency. If you choose to go this route, you can.

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