Study Barn - New York State Specific Broker

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In order for a licensee to be an agent for both the buyer and seller what must they obtain in writing?

A. Permission from the New York Department of Real Estate.

B. Permission from the buyer.

C. Permission from the seller.

D. Permission from both the buyer and the seller.

A licensee may not be the agent for both the buyer and the seller without obtaining the written consent of both the buyer and the seller. The written consent shall state that the licensee made a full disclosure of the type of representation the licensee will provide and shall briefly describe the type of representation the licensee will provide to the buyer and to the seller.

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