Under Maryland's dual agency consent requirements, which of the following statements is NOT accurate?
Correct Answer
A) A dual agent in Maryland may disclose either party's confidential negotiating position to facilitate a faster closing
A dual agent in Maryland is expressly PROHIBITED from disclosing either party's confidential negotiating information to the other party, even after written consent has been obtained. The consent to dual agency does not waive either party's right to confidentiality regarding their negotiating position. Disclosing such information would be a breach of the dual agent's duties and is not permitted under any circumstances.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
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