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Az Agency DisclosuresDual_agency_azMEDIUM

All of the following are required for valid dual agency in Arizona EXCEPT:

Correct Answer

C) Approval from the Arizona Department of Real Estate

Correct: Arizona Department of Real Estate approval is not required for dual agency relationships. Why not A: Written consent from both parties is required by law. Why not B: Proper disclosure is mandatory before dual agency begins. Why not D: Parties must acknowledge the agent's neutral position in dual agency.

Answer Options
A
Written consent from both buyer and seller
B
Proper disclosure of the dual agency relationship
C
Approval from the Arizona Department of Real Estate
D
Acknowledgment that the agent cannot advocate for either party exclusively

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Related Topics & Key Terms

Key Terms:

dual_agency_requirementsregulatory_approvalconsent_disclosure

Related Concepts

The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

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