Ontario Real Estate Licensing Exam Practice · Question
Which of the following is true regarding designated representation?
Designated representation allows a brokerage to appoint individual agents to represent separate clients (e.g., buyer and seller) in the same transaction. This s
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Question: Which of the following is true regarding designated representation?
Answer options: ✅ It allows for full client services to be provided to both the buyer and seller by different agents within the same brokerage.
- It requires one agent to represent both the buyer and the seller, limiting the duties owed.
- It is only permitted for commercial real estate transactions.
- It eliminates the need for written consent from the clients.
Correct answer: It allows for full client services to be provided to both the buyer and seller by different agents within the same brokerage.
Explanation: Designated representation allows a brokerage to appoint individual agents to represent separate clients (e.g., buyer and seller) in the same transaction. This structure enables each client to receive full client services and undivided loyalty from their designated agent, even though they are with the same brokerage.
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