Question

At what time must a licensee first secure an informed consent to dual agency?

A. before the buyer makes an offer and the seller accepts

B. before showing a company listing to a buyer client

C. in the contract of sale

D. at the time of closing

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Answer 1

Explanation:

Advance consent to dual agency means written informed consent signed by the seller/landlord or buyer/tenant that the listing agent and/or buyer's agent may act as a dual agent for that seller/landlord and a buyer/tenant for residential real property which is the subject of a listing agreement.