Real Estate Salesperson License Exam
Agency & Fiduciary Duties Practice Questions
1 practice questions with detailed explanations — aligned to the Real Estate Salesperson License Exam.
Q1.An agent who represents both the buyer and seller in the same transaction is known as a:
A.Transaction brokerB.Dual agentC.Designated agentD.Sub-agentB. Dual agentExplanation: A dual agent represents both the buyer and seller in the same transaction. Dual agency requires informed written consent from both parties and limits the agent's ability to advocate fully for either side.
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