Agency
Agency Practice Question
In Maryland, dual agency requires:
A
No consentB
Written informed consent from both partiesC
Only seller consentD
Verbal consent onlyExplanation
Maryland requires written informed consent from both parties before dual agency can occur.
More Agency Questions
A fiduciary relationship exists between:
Which duty requires an agent to keep the principal informed of all material facts?
Dual agency occurs when:
An agent who exceeds the authority granted by the principal:
A broker who represents both the buyer and seller in the same transaction without the knowledge and consent of both parties is practicing:
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