In British Columbia, under what circumstances may a brokerage represent both the buyer and the seller as clients in the same trade?
Correct Answer
D) Only in an under-served remote location where separate licensees are impracticable
Rules s. 63(1) says a brokerage must not engage in dual agency. Section 64 is the only exception: real estate in a remote location that is under-served by licensees, where it is impracticable for the parties to be served by different licensees, and then only with the prescribed disclosure and written agreements.
Why This Is the Correct Answer
The remote-location exception in s. 64 is the only situation in which a brokerage may act for both parties as clients.
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