Final answer:
When two brokers from the same principal broker represent a seller and buyer, it's considered dual agency, which requires informed consent from both parties while ensuring confidentiality and impartiality.
Step-by-step explanation:
Under OAR 863-015-0200, if two brokers who work for the same principal broker represent both the seller and buyer in a transaction, it's a situation known as a dual agency. In such cases, the law requires that both the buyer and seller are fully informed of the dual representation and they must give their informed consent to this arrangement.
The brokers should take great care to handle the transaction with impartiality and maintain confidentiality, avoiding the sharing of any sensitive information between the parties without their consent. This is intended to protect the interests of both the buyer and seller in the real estate transaction.