WebMay 30, 2024 · Dual agency in NYC real estate occurs when the same broker or salesperson simultaneously represents both the buyer and seller in the same transaction. Dual agency also occurs when both the …
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WebSep 19, 2024 · Dual Agency. Subagency. Designated Agency. Roles Without Fiduciary Responsibility. Photo: The Good Brigade / Getty Images. Most states require some form of disclosure to the client or prospective client as to how you will be representing them in their real estate transaction. Your duties and obligations to the client will vary significantly ... WebJul 19, 2024 · Dual agency is legal in New York State, but only under the condition that the agent receive “informed consent” from the buyer or seller — defined as “lay[ing] bare the truth, without ... charlotte spanish classes
Dual Employment Office of the New York State Comptroller
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