A Mississippi licensee asks about a disclosed dual agency transaction reaches the offer-to-purchase stage. What is the best answer?
Correct Answer
D) The broker must confirm buyer and seller consent with the MREC Dual Agency Confirmation Form attached to the offer to purchase
MREC Rule 4.3 requires buyer and seller confirmation before signing/presenting the offer, with the confirmation form attached to the offer. Source basis: MREC Rules and Regulations Rev. 02-21-2025, Part 1601 Chapter 4: Rule 4.2 definitions and Rule 4.3 disclosure requirements, including first substantive meeting, single agency disclosure, dual agency consent, changed agency forms, oral/unavailable signature handling, and completed disclosure forms. Checked 2026-04-30.
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