Final answer:
It is the responsibility of the real estate agency's management to have a written company policy that identifies the type of real estate relationships the agency engages in, in compliance with government regulations such as zoning laws.
Step-by-step explanation:
It is the responsibility of the real estate agency's management to have a written company policy that identifies the type of real estate relationships in which the agency may engage. This policy serves as a guide to both the agency's real estate professionals and its clients, informing them of the services the agency provides and the nature of the legal relationships they may enter into, such as buyer or seller representation, or dual agency. Ensuring compliance with government regulations, which include zoning laws and other forms of land-use regulation, is also a critical responsibility of the agency's management. Proper adherence to these regulations and a clear policy help maintain legal integrity and consumer trust in the agency's operations.