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.
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