Which brokerage relationship is presumed in Florida unless otherwise disclosed?
Question & Answer
Review the question and all answer choices
Single agent
Single agent is not the default in Florida. It requires a specific written agreement and disclosure to establish this relationship with its higher fiduciary duties.
Transaction broker
No brokerage relationship
No brokerage relationship is incorrect because Florida law presumes some level of brokerage relationship exists when real estate services are provided.
Dual agent
Dual agent requires written consent from all parties and cannot be presumed by default. It's an exception to the standard transaction broker relationship.
Why is this correct?
In Florida, transaction broker is the default presumed relationship by statute unless another relationship is established and disclosed. This means that without explicit agreement otherwise, all parties are automatically considered transaction brokers with limited duties.
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