EstatePass
Ga Agency BrretaDual_agency_gaMEDIUM

A Georgia broker is serving as a disclosed dual agent in a residential transaction. The buyer's agent within the firm asks whether the seller has indicated a willingness to accept less than the listing price. Under BRRETA, which statement about the broker's obligations is correct?

Correct Answer

A) The broker must continue to protect each client's confidential information and may not share one client's private negotiating position with the other.

Under BRRETA (O.C.G.A. § 10-6A-12), a dual agent must continue to protect each client's confidential information even though the broker represents both sides. Specifically, information such as a party's willingness to accept terms different from those publicly stated remains confidential and may not be disclosed to the other party. Consent to dual agency does not constitute a waiver of confidentiality rights.

Answer Options
A
The broker must continue to protect each client's confidential information and may not share one client's private negotiating position with the other.
B
Dual agency eliminates the need for confidentiality protections because both parties have consented to shared representation.
C
Dual agency is automatically created whenever two licensees from the same firm hold active listings in the same MLS system.
D
Georgia law permits a broker to obtain dual agency consent at any point up to 30 days after closing without penalty.

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 Ga Agency Brreta Question

Sign up free to unlock full analysis

Background Knowledge for Ga Agency Brreta

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Ga Agency Brreta

Sign up free to unlock full analysis

Common Mistakes to Avoid on Ga Agency Brreta Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

georgiastate_portiondual_agency_gaga_agency_and_brreta

Related Concepts

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.

An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.

Was this explanation helpful?

More Ga Agency Brreta Questions

People Also Study

Related Articles

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing