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Limited Dual Agency Agreement for Competing Buyer/Tenants PL E Where a single licensee acts for two Buyer/Tenants who are both interested in buying or leasing the same property the licensee faces

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What is limited dual agency agreement?

Limited dual agency agreement is an agreement where a real estate agent represents both the buyer and seller in a transaction with limitations on the representation.

Who is required to file limited dual agency agreement?

Real estate agents who are acting as limited dual agents are required to file the agreement.

How to fill out limited dual agency agreement?

Limited dual agency agreement can be filled out by including all relevant information about the transaction and the limitations of the representation.

What is the purpose of limited dual agency agreement?

The purpose of limited dual agency agreement is to protect the interests of both the buyer and seller in a transaction where one agent represents both parties.

What information must be reported on limited dual agency agreement?

The limited dual agency agreement must include the names of the buyer and seller, the property address, the terms of the agreement, and any limitations on the representation.

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