Under Connecticut agency law, a licensee acting as a disclosed dual agent with written consent from both the seller and the buyer retains certain fiduciary obligations to both parties. Which of the following is NOT a duty that a Connecticut disclosed dual agent may fully perform for both parties simultaneously?
Correct Answer
D) Advocating for the best possible price and terms for each party against the other party
Advocating for the best possible price and terms for each party against the other party is NOT a duty a dual agent can fully perform for both parties simultaneously. This is the fundamental limitation of dual agency in Connecticut: the dual agent cannot fully represent the seller's interest in achieving the highest price while simultaneously fully representing the buyer's interest in paying the lowest price. These interests are inherently adverse, and a dual agent must remain neutral on price and terms rather than advocating aggressively for either party. This is why dual agency requires full disclosure and written consent — both parties must understand they are giving up full advocacy.
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Related Topics & Key Terms
Key Terms:
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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