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Agency Relationships DisclosuresDual_agency_nyEASY

When acting as a dual agent in New York, which type of information can an agent share with both parties?

Correct Answer

C) Factual information about the property and market conditions

Dual agents can share factual information such as property details, market data, and comparable sales with both parties. This type of objective information helps both parties make informed decisions without favoring either side.

Answer Options
A
Each party's maximum price or minimum acceptable terms
B
Personal financial information shared in confidence
C
Factual information about the property and market conditions
D
Strategic negotiation advice from either party

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Related Topics & Key Terms

Key Terms:

dual_agencyfactual_informationmarket_dataconfidentiality
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