Agency and Fiduciary Duties, 17% of the examination
Dual agency
One broker representing both buyer and seller in the same transaction.
California permits dual agency with both principals' informed consent and the required written disclosure and confirmation. Under Civil Code section 2079.21, a dual agent must not reveal a client's confidential financial position, motivation, bargaining position, or other personal information affecting price without that client's express permission. Price limits are examples, not the entire rule. Required disclosure of known material property facts still applies. Two salespersons representing opposite sides under one responsible broker create broker-level dual agency.
See also
Test the distinction
A relevant question from Agency and Fiduciary Duties, selected because its facts or explanation use this concept.
Is dual agency lawful in California?
Written to DRE's published topic list. Not a real examination question, since reproducing those is a misdemeanor under B&P Code section 123.
Primary sources
Use these authorities when a course summary, forum answer, or older flashcard conflicts with the current California rule.