Under Ohio law, designated agency allows a brokerage to do which of the following?
Correct Answer
B) Designate one licensee to represent the buyer and another to represent the seller within the same brokerage
Ohio permits designated agency, where a brokerage designates one licensee to represent the buyer and another to represent the seller in the same transaction, avoiding the conflicts inherent in dual agency.
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Licensee Derek represents buyer Angela under a buyer agency agreement. During negotiations, the listing agent mentions that the seller is going through a divorce and needs to sell quickly. What is Derek's obligation regarding this information under Ohio agency law?
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