AgencyMEDIUM
In Florida, dual agency is:
Correct Answer
A) Illegal
Dual agency is prohibited in Florida. Florida uses transaction broker relationships instead.
Answer Options
A
IllegalB
Legal with one party's consentC
Legal with broker's consentD
Legal with all parties' consentVideo Explanation3 min
Audio Lesson3 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
Related Topics & Key Terms
Related Topics:
florida-transaction-broker-relationshipsreal-estate-agency-typesfiduciary-duties-in-real-estate
Key Terms:
dual agencytransaction brokerFlorida Statute 475.278fiduciary dutyFREC
Was this explanation helpful?
More Agency Questions
Which duty requires an agent to keep the principal informed of all material facts?
Under agency law in Nevada, dual agency is:
Under agency law in Hawaii dual agency is:
All correctly describe listing brokers and property managers except:
A New York dual agent must have:
- → Vermont requires agency disclosure:
- → Vermont real estate licensees are regulated by the:
- → Under California law, dual agency is:
- → Listing broker learns prospective buyer owes delinquent child support. Which duty requires disclosure to seller?
- → Under agency law in NH, disclosed dual agency is:
- → If a 16-year-old emancipated minor wishes to sell real property, their broker may:
- → All of the following actions create an agency relationship, except:
- → An agency relationship in real estate is terminated in multiple ways. All of the following are likely to be the cause of termination of an agency relationship, except:
- → Real estate brokers are required to have written employment contracts with:
- → A licensed real estate salesperson is primarily responsible to: