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Dual Agency |
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Dual AgencyThe representation of opposing principals (buyer and seller) at the same time. In brokerage many states get around this by saying that the agent aids the buyer but is the agent of the seller only. A problem arises if both buyer and seller pay the broker, Then full disclosure must be made. An escrow agent is the agent of buyer and seller and usually paid by both. This is why an escrow agent must be neutral.Dual Agency Similar MatchesFiscal agency agreementFiscal agency agreementAn alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative of the borrower. AgencyAgencyA relationship created when one person (the principal) delegates to another (the agent) the fight to act on his or her behalf in business transactions. Federal agency securitiesFederal agency securitiesSecurities issued by corporations and agencies created by the US government, such as the Federal Home Loan Bank Board and Ginnie Mae. Multilateral Investment Guarantee Agency (MIGA)Multilateral Investment Guarantee Agency (MIGA)Agency established by the World Bank that offers various forms of political risk insurance to corporations. Agency problemAgency problemConflicts of interest among stockholders, bondholders, and managers. Further SuggestionsAgency costsFiscal agency services Benefits Agency Agency cost view Agency theory Central Intelligence Agency credit reference agency Credit reference agency federal agency security agency securities agency Federal agency bond Sole importing agency Mercantile agency Contributions Agency Administrative agency Agency basis Agency securities Agency bank Agency closing Agency incentive arrangement |
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