In Connecticut, before a licensee may act as a dual agent, what must the licensee obtain from both the buyer and the seller?
Correct Answer
C) Informed written consent from both parties
Connecticut law requires that a licensee obtain the informed written consent of both the buyer and the seller before entering into a dual agency relationship. This requirement is grounded in CGS § 20-325c, which mandates written disclosure and consent for dual agency arrangements to protect the interests of both principals.
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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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