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Agency & Professional EthicsDual AgencyBCMEDIUM

Under BC's Real Estate Services Rules, which statement about dual agency is correct?

Correct Answer

A) It is prohibited except in an under-served remote location

Rules s. 63(1) prohibits a brokerage from engaging in dual agency, but s. 64 creates one exception for real estate in a remote location under-served by licensees where separate licensees are impracticable. So it is prohibited, with that single exception.

Answer Options
A
It is prohibited except in an under-served remote location
B
It is completely prohibited in every circumstance, with no exceptions
C
It is permitted with disclosure and informed written consent from all parties
D
It is permitted only for properties priced under $500,000

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Key Terms

dual agencylimited dual agencyRules s. 63Rules s. 64
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