Georgia Real Estate License Law Practice Exam

In Georgia, dual agency occurs when a real estate agent represents both the buyer and the seller in a transaction. The law mandates that written consent from both parties is necessary to establish a dual agency relationship. This requirement is in place to ensure that both the buyer and the seller are fully informed and agree to the potentially conflicting interests that can arise when one agent represents both parties.

The written consent must clearly outline the nature of the relationship and the obligations of the agent. This protects all parties involved by ensuring transparency and accountability, allowing both the buyer and seller to understand how their interests will be managed by one agent. The requirement for written consent helps alleviate any confusion or disputes that may arise during the transaction regarding the agent's duty to each party.

In contrast, other options suggest alternatives that do not comply with legal standards in Georgia. For instance, relying on verbal agreements would not provide the necessary legal protection for either party, as verbal consent may lead to misunderstandings and disputes over the terms and conditions of representation. Similarly, the notion that only the seller's consent or no consent at all is needed misrepresents the importance of mutual agreement in a dual agency situation. Therefore, the correct answer emphasizes the critical role of written consent in ensuring that both parties are aware