Dual agent definition

Dual agent means a licensee who has entered into an agency relationship with both the buyer and seller in the same transaction.

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Dual agent or "dual representative" means a licensee who has a brokerage relationship with both

Dual agent means a licensee who is acting as the agent of both the buyer and the seller and provides services to complete a real estate transaction without the full range of fiduciary duties owed by a buyer's agent and a seller's agent.

Examples of Dual agent in a sentence

• In addition both parties acknowledge that this Agreement is a Finance Document.

• Owner agrees that ▇▇▇▇▇▇ may also represent the buyers or tenants of the Property, and acknowledges that Broker (_X_) may or (_ _) may not act as Dual agent when representing both Owner and the buyer or tenant of the Property in the same transaction, and Owner waives any claim of conflict of interest that might arise out of such representation by ▇▇▇▇▇▇.

• At this time Licensee is retained as the following type of agent: (check one) ☐ Seller’s agent ☐ Dual agent ☐ Designated agent ☐X Licensee(s) shall provide transactional brokerage services to seller(s) / lessor(s).

• The brokers involved in this transaction are: Agent for Landlord _________________ Agent for Tenant _________________ Dual agent representing both Landlord and Tenant _________________ Landlord and Tenant acknowledge that _____ is being paid a fee by Landlord and this fee will be shared by the Brokers based on their separate agreement.

More Definitions of Dual agent

Dual agent means a broker or salesperson who, pursuant to a written listing agreement or

Dual agent means an agent acting, either directly or through an associate licensee, as agent for both the seller and the buyer in a real property transaction.

Dual agent means a licensee who, with the written informed consent of all the parties to a contemplated real estate transaction, has entered into a brokerage agreement with and therefore represents the seller and buyer or both the landlord and tenant in the same in-house transaction.

Dual agent means a broker or salesperson who, pursuant to a written listing agreement or buyer broker agreement or as a buyer or seller subagent, acts as the agent of both the buyer and seller with written authorization, as provided in 37-51-314. An in-house buyer or seller agent designate may not be considered a dual agent.

Dual agent means an agent acting, either directly or through a salesperson or broker associate, as agent for both the seller and the buyer in a real property transaction.

Dual agent or "dual representative" means a licensee who has a brokerage relationship with both seller and buyer, or both landlord and tenant, in the same real estate transaction. A dual agent has an agency relationship under brokerage agreements with the clients. A dual representative has an independent contractor relationship under brokerage agreements with the clients. A dual representative shall only act as an independent contractor.

Dual agent means an agent who is acting as a buyer’s agent and a seller’s agent or a tenant’s agent and a landlord’s agent in the same transaction.