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In Indiana, limited agency allows:

Correct Answer

B) Different agents in same firm to represent different parties

Limited agency in Indiana allows different agents in the same brokerage to represent different parties in a transaction.

Answer Options
A
Full representation of both parties
B
Different agents in same firm to represent different parties
C
Only seller representation
D
No agency relationship
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Related Topics & Key Terms

Related Topics:

agency-relationshipsdual-agencydisclosure-requirementsbrokerage-operations

Key Terms:

limited agencyIndiana Code IC 25-34.1designated agencybrokerage representationdual agency distinction
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