Which of the following is NOT a term used to describe the framework allowing dual representation with appointed intermediaries in Texas real estate?

Which of the following is NOT a term used to describe the framework allowing dual representation with appointed intermediaries in Texas real estate?

• A. Statutory Dual Agency
• B. Intermediary Process
• C. Intermediary Relationship Notice
• D. Dual Agency

Answer: (D)

In Texas real estate practice, when one broker represents both the buyer and the seller, the arrangement is described as an intermediary relationship within the brokerage. The framework is carried out through the Intermediary Process, and it requires the Intermediary Relationship Notice to be given to both parties to disclose the arrangement and obtain consent. The term Statutory Dual Agency is a legal way to describe the statutory basis for dual representation, but the specific framework terms used are Intermediary Process and Intermediary Relationship Notice. Dual Agency, on the other hand, is a general phrase for representing both sides without referring to the appointed-intermediary structure and its formal disclosures, so it is not the term used to describe the Texas framework.

In Texas real estate practice, when one broker represents both the buyer and the seller, the arrangement is described as an intermediary relationship within the brokerage. The framework is carried out through the Intermediary Process, and it requires the Intermediary Relationship Notice to be given to both parties to disclose the arrangement and obtain consent. The term Statutory Dual Agency is a legal way to describe the statutory basis for dual representation, but the specific framework terms used are Intermediary Process and Intermediary Relationship Notice. Dual Agency, on the other hand, is a general phrase for representing both sides without referring to the appointed-intermediary structure and its formal disclosures, so it is not the term used to describe the Texas framework.