AgencyMEDIUM
In New Jersey, dual agency requires:
Correct Answer
B) Written informed consent from both parties
New Jersey requires written informed consent from both parties before a licensee can act as a dual agent.
Answer Options
A
Verbal consent onlyB
Written informed consent from both partiesC
Only buyer consentD
No consent neededVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
fiduciary-dutiesagency-disclosuredesignated-agencysingle-agency
Key Terms:
dual agencywritten informed consentNew Jersey agency lawN.J.A.C. 11:5-6.9conflict of interest
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