In North Carolina practice, what term or document matches this description about dual agency and designated dual agency? Here is the description. Description: The North Carolina agency arrangement in which one firm, through designated agents, represents both sides with written dual agency consent.
Correct Answer
A) Designated dual agency
Designated dual agency
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Related Topics & Key Terms
Key Terms:
Related Concepts
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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.
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