AgencyDual_agencyMEDIUM
Disclosed dual agency in Arkansas is:
Correct Answer
D) Legal with all parties' written consent
Requires written consent from all parties.
Answer Options
A
IllegalB
Legal with one party's written consentC
Legal with broker's consentD
Legal with all parties' written consentVideo Explanation2 min
Audio Lesson2 min
Study Infographics
Why This Is the Correct Answer
Sign up free to unlock full analysis
Why the Other Options Are Wrong
Sign up free to unlock full analysis
Deep Analysis of This Agency Question
Sign up free to unlock full analysis
Background Knowledge for Agency
Sign up free to unlock full analysis
Sign up free to unlock full analysis
Real World Application in Agency
Sign up free to unlock full analysis
Common Mistakes to Avoid on Agency Questions
Sign up free to unlock full analysis
Related Topics & Key Terms
Related Topics:
fiduciary-dutiesagency-relationshipsdisclosure-requirements
Key Terms:
dual agencywritten consentArkansas Real Estate Commissiondisclosed dual agencyagency disclosure
Was this explanation helpful?
More Agency Questions
Under agency law in Nevada, dual agency is:
A South Dakota agent who represents a buyer learns that the seller is facing foreclosure. The agent should:
Oregon broker Olivia is working with buyer couple Derek and Sarah. During their first meeting, Derek and Sarah ask Olivia who she represents in the transaction. Under Oregon law, when is Olivia required to provide a written agency disclosure to Derek and Sarah?
Missouri continuing education (CE) requirements for license renewal include:
A Louisiana salesperson asks about a person engages professional advice and services of a licensee as an agent. What is the best answer?
- → How is implied agency most commonly created?
- → A listing broker owes fiduciary duties to which party?
- → Information about the lowest price a seller will accept is:
- → A buyer's agent in New York owes the seller:
- → The Wisconsin exclusive right-to-sell listing agreement guarantees:
- → When a licensed real estate agent wishes to purchase a property listed with their brokerage for their own account, what must they do?
- → Oregon broker James lists a home for sellers Greg and Helen. After the listing agreement is signed, buyer Natalie contacts James directly and says she wants to make an offer on the property without using her own agent. James would like to enter into a disclosed limited agency arrangement. Which of the following actions is required before James can legally proceed as a disclosed limited agent?
- → Utah recognizes which agency relationships?
- → Agency terminates by all of the following EXCEPT:
- → New Jersey continuing education requirements include: