AgencyMEDIUM
Alabama recognizes which agency relationships?
Correct Answer
B) Single agent, transaction broker, and disclosed dual agent
Alabama recognizes single agent, transaction broker, and disclosed dual agent relationships.
Answer Options
A
Only single agencyB
Single agent, transaction broker, and disclosed dual agentC
Only transaction brokerageD
Only dual agencyVideo Explanation2 min
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Related Topics & Key Terms
Related Topics:
fiduciary-duties-in-real-estatedisclosure-requirements-in-real-estatealabama-real-estate-regulations
Key Terms:
Alabama agency relationshipssingle agenttransaction brokerdisclosed dual agencyAlabama Real Estate License Law § 34-27-81
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More Agency Questions
Which duty requires an agent to keep the principal informed of all material facts?
Under agency law in Nevada, dual agency is:
Under agency law in Hawaii dual agency is:
All correctly describe listing brokers and property managers except:
A New York dual agent must have:
- → Vermont requires agency disclosure:
- → Vermont real estate licensees are regulated by the:
- → Under California law, dual agency is:
- → Listing broker learns prospective buyer owes delinquent child support. Which duty requires disclosure to seller?
- → Under agency law in NH, disclosed dual agency is:
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- → Real estate brokers are required to have written employment contracts with:
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