QuestionJune 20, 2025

Question #22 of 24 A buyer hires a brokerage firm as a buyer's broker to assist in procuring the buyer a new home.The firm handles a listing that the buyer's broker feels is perfect for the buyer. The salesperson assigned to the buyer arranges for an inspection of the property. Which of the following applies to this situation? A) Only the seller must first be told of the potential creation of a dual agency and also must consent to the same before the buyer can see the property. B) Only the buyer must first be told of the potential creation of a dual agency and also must consent to the same before seeing the property. C) Both the buyer and the seller must first be told of the potential creation of a dual agency and also must consent to the same before the buyer can see the property. D) The buyer's agent should arrange for the buyer to inspect the proporty.

Question #22 of 24 A buyer hires a brokerage firm as a buyer's broker to assist in procuring the buyer a new home.The firm handles a listing that the buyer's broker feels is perfect for the buyer. The salesperson assigned to the buyer arranges for an inspection of the property. Which of the following applies to this situation? A) Only the seller must first be told of the potential creation of a dual agency and also must consent to the same before the buyer can see the property. B) Only the buyer must first be told of the potential creation of a dual agency and also must consent to the same before seeing the property. C) Both the buyer and the seller must first be told of the potential creation of a dual agency and also must consent to the same before the buyer can see the property. D) The buyer's agent should arrange for the buyer to inspect the proporty.
Question #22 of 24
A buyer hires a brokerage firm as a buyer's broker to assist in procuring the buyer a new home.The firm handles a listing that the buyer's broker
feels is perfect for the buyer. The salesperson assigned to the buyer arranges for an inspection of the property. Which of the following applies to
this situation?
A) Only the seller must first be told of the potential creation of a dual agency and also must consent to the same
before the buyer can see the property.
B) Only the buyer must first be told of the potential creation of a dual agency and also must consent to the same
before seeing the property.
C) Both the buyer and the seller must first be told of the potential creation of a dual agency and also must consent to
the same before the buyer can see the property.
D) The buyer's agent should arrange for the buyer to inspect the proporty.

Solution
4.0(278 votes)

Answer

C) Both the buyer and the seller must first be told of the potential creation of a dual agency and also must consent to the same before the buyer can see the property. Explanation In real estate transactions involving dual agency, both parties (buyer and seller) must be informed of the potential for dual agency and provide consent. This ensures transparency and protects the interests of both parties.

Explanation

In real estate transactions involving dual agency, both parties (buyer and seller) must be informed of the potential for dual agency and provide consent. This ensures transparency and protects the interests of both parties.<br /><br />
Click to rate:

Similar Questions