In Maine brokerage relationships, one Maine brokerage agency seeks to represent adverse buyer and seller clients in the same transaction as a disclosed dual agent. What should the candidate remember?
Correct Answer
B) The agency may act as disclosed dual agent only with informed written consent of all parties, and its duties are limited so it may not promote one client to the detriment of the other
Title 32 section 13275 and Chapter 410 Section 7 require informed written consent for disclosed dual agency and limit the dual agent duties between adverse clients. Source basis: Maine Revised Statutes Title 32, section 13275, checked 2026-04-30, and Maine Real Estate Commission Chapter 410 Section 7, adopted October 26, 2025: a brokerage agency may act as disclosed dual agent only with informed written consent; the consent must describe the adverse-client relationship and limited duties; the dual agent may not promote one party to the detriment of the other and must protect listed confidential price, strategy, and motivation information.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
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.
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
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