Final answer:
In Florida, dual agency is legal but requires the written consent of all clients involved in the real estate transaction. The correct answer is c. requires written disclosure to all customers
Step-by-step explanation:
The concept of dual agency in Florida refers to a situation in real estate where an agent or broker represents both the buyer and the seller in the same transaction. Although dual agency practices may differ by state, in Florida, dual agency is legal but it does come with certain requirements to ensure that the transaction remains fair and that the interests of both parties are protected.
In Florida, dual agency requires the written consent of all clients involved before proceeding. This means that both the buyer and the seller must be fully informed of the dual relationship and must agree to it in writing. The purpose of this regulation is to maintain transparency in real estate transactions and to protect the interests of all parties involved. It's important for real estate professionals to adhere to these regulations to avoid conflict of interest and to maintain ethical standards within the industry.