Where BC's under-served remote location exception applies, what must a licensee do before providing any trading services that constitute dual agency?
Correct Answer
C) Give each the approved disclosure, then sign a dual agency agreement with each
Rules s. 64(2) requires the licensee, before providing dual agency services, to give each party a disclosure in the approved form (with a managing broker's signed statement of why the exception applies, and the duties and risks of dual agency), and then enter into a written dual agency agreement with each party. Outside that exception, s. 63 prohibits dual agency entirely.
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