Limited Dual Agent
An agent who works for both the tenant and landlord shall comply with the following standards of requisites:
- Agent shall not disclose to the landlord that tenant is willing to consider paying more than the price offered.
- Agent shall not disclose to the tenant that the landlord is willing to consider a lower price for its asking price.
- Agent shall act in favor towards the benefit of only one party
- Agent shall exercise reasonable skill and care for both parties
It is necessary that the disclosure and consent is given by both parties as to dual agency.