Dual & Designated Agency

National · Agency & Fiduciary Duties — free cheat sheet for the real estate licensing exam.

🤝 Agency & Fiduciary Duties

📋 The 1-minute cheat sheet

Dual agency: ONE licensee represents both sides — needs INFORMED WRITTEN consent from both
Dual agent can't disclose either side's price flexibility or motivation
Designated agency: broker appoints separate agents in the same firm for each side
Undisclosed dual agency = license discipline + voidable deal + lost commission
Some states ban dual agency entirely — know yours

Is Dual & Designated Agency on the real estate exam?

Yes. Agency & Fiduciary Duties is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.