Alberta Real Estate Licensing Exam Practice · Question
In a limited dual agency situation, what duty is significantly modified for both the buyer and seller clients?
In limited dual agency, the professional cannot provide undivided loyalty or full disclosure regarding negotiating strategies to either client, as it would harm
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Question: In a limited dual agency situation, what duty is significantly modified for both the buyer and seller clients?
Answer options: ✅ Undivided loyalty and full disclosure regarding motivations or negotiating positions.
- The duty to present all offers promptly.
- The duty of care and skill in handling the transaction.
- The duty to account for all funds received.
Correct answer: Undivided loyalty and full disclosure regarding motivations or negotiating positions.
Explanation: In limited dual agency, the professional cannot provide undivided loyalty or full disclosure regarding negotiating strategies to either client, as it would harm the other.
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