Tennessee allows which type of agency relationship where one licensee represents both parties?

Undisclosed dual agency is illegal in Tennessee and in every U.S. jurisdiction — it constitutes fraud and a fundamental breach of fiduciary duty because the agent is secretly serving two masters without either party's knowledge or consent, which is precisely the harm that agency law is designed to prevent.

Dual agency is not prohibited in Tennessee; the state has made a deliberate legislative choice to permit it under conditions of full disclosure and written consent, distinguishing it from states that have moved toward designated agency or transaction brokerage models as alternatives to dual agency.

While transaction brokerage exists as a concept in some states, Tennessee's agency law framework permits disclosed dual agency with written consent as the primary mechanism for handling same-brokerage transactions where one licensee works with both parties; Tennessee does not limit same-party representation exclusively to a transaction brokerage model.