Tennessee allows which type of agency relationship where one licensee represents both parties?
Question & Answer
Review the question and all answer choices
Disclosed dual agency with written consent
Undisclosed dual agency
Undisclosed dual agency is prohibited in Tennessee because it violates disclosure requirements and prevents clients from making informed decisions about representation.
Dual agency is prohibited
Dual agency is not prohibited in Tennessee; it's specifically allowed with proper disclosure and written consent, making this option factually incorrect.
Only transaction brokerage
While transaction brokerage is permitted in Tennessee, the question specifically asks about dual agency, which is a distinct form of agency relationship with different requirements.
Why is this correct?
A is correct because Tennessee specifically allows disclosed dual agency but requires written informed consent from both parties. This requirement protects consumers by ensuring transparency while permitting the practice under controlled conditions.
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