Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...
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Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...
Episode 7: Disclosure of Material Facts In Real Estate Explained
Real Estate Exam Deep Dive by Exam Scholar
22 minutes
6 months ago
Episode 7: Disclosure of Material Facts In Real Estate Explained
In this essential episode, we break down one of the most critical components of real estate transactions: the disclosure of material facts. Whether you're studying for your licensing exam or starting your career, understanding disclosure requirements can save you from costly legal pitfalls. We'll cover: What constitutes a "material fact" in real estate transactionsDisclosure laws you need to memorize for the examCommon disclosure mistakes that new agents makeReal world examplesEffective strat...
Real Estate Exam Deep Dive by Exam Scholar
Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...