Agency
Dual Agency
A concise definition for the California Real Estate Exam study guide.
Definition
One brokerage represents both buyer and seller in the same transaction. Requires specific disclosures and consents required by California law. A dual agent cannot share one principal's confidential info with the other.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 2: Agency, Fiduciary Duties & Disclosure →