Free Pennsylvania Real Estate Practice Exam Practice Question
Dual agency is:
Correct Answer: D
Rationale: Dual agency refers to a situation where a real estate agent represents both the buyer and the seller in a transaction. This practice is legal in Pennsylvania, but it requires specific conditions to ensure transparency and fairness.
Option A is incorrect because dual agency is not illegal in Pennsylvania; it is permissible under certain guidelines. Option B is misleading as it implies that dual agency is always beneficial, which is not guaranteed without proper consent. Option C is wrong because oral agreements are not sufficient; written consent is necessary to protect both parties' interests. Therefore, written agreement ensures clarity and compliance with legal standards.
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