A New York dual agent must have:
Question & Answer
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Verbal consent from one party
Verbal consent from only one party is doubly insufficient: New York law requires consent from both parties, and it must be in writing, not merely spoken. A verbal agreement leaves no paper trail and cannot protect the agent or either principal if a dispute arises.
Informed written consent from both parties
Court approval
Court approval is not required for dual agency in New York; dual agency is a private contractual arrangement between the agent and the principals, governed by DOS regulations and disclosed agency law, not by judicial oversight. Requiring court approval would make dual agency impractical and is simply not part of New York real estate law.
DOS approval
The Department of State (DOS) does not pre-approve individual dual agency arrangements on a case-by-case basis; rather, the DOS sets the regulatory framework that licensees must follow. Compliance is the agent's responsibility, and enforcement happens after the fact if violations occur β not through advance DOS sign-off on each transaction.
Why is this correct?
Under New York Real Property Law Β§443 and the implementing DOS regulations, dual agency is only lawful when both the buyer and the seller provide informed written consent, meaning they must be told in clear terms what dual agency is and what rights they are waiving before they agree. The written requirement removes any ambiguity about whether consent was actually given and protects all parties β including the licensee β from later disputes. Verbal consent alone is legally insufficient in New York because it cannot be reliably documented or enforced.
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