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Practice Of Real EstateDual AgencyMEDIUM

A Rhode Island licensee encounters a licensee acts for more than one party in a transaction. What should the licensee remember?

Correct Answer

B) The licensee needs the knowledge and written consent of all parties for whom the licensee acts

R.I. Gen. Laws § 5-20.5-14 makes acting for more than one party without written knowledge and consent of all represented parties a disciplinary ground. Source basis: Rhode Island Department of State official regulation 230-RICR-30-20-2 §§ 2.14, 2.22, and R.I. Gen. Laws §§ 5-20.5-14 and 5-20.6; checked 2026-04-30.

Answer Options
A
Verbal disclosure is always enough.
B
The licensee needs the knowledge and written consent of all parties for whom the licensee acts
C
The licensee may wait until closing to disclose the issue.
D
Disclosure is needed only if the other party asks a direct question.

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Related Topics & Key Terms

Related Topics:

ri.IIIdual-agency

Key Terms:

rhode_islandri.IIIdual-agencymulti-party-written-consent
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