In West Virginia, dual agency requires:
Correct Answer
B) Written informed consent from both buyer and seller
West Virginia permits dual agency only when both the buyer and seller provide written informed consent. The agent must explain the limitations of dual agency, including the inability to fully advocate for either party.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
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.
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