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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 business operated by an agent in conjunction with his/her principal. Benefits AgencyBenefits AgencyAn executive agency within the DSS (Department of Social Security), the Benefits Agency was replaced by Jobcentre Plus in April 2002. Jobcentre Plus issues benefits to those of a working age, and helps the unemployed to find a job.http://www.jobcentreplus.gov.uk Agency closingAgency closingThe process in which a lender uses a title company or other firm as an agent to complete a loan. Agency theoryAgency theoryThe analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal. Further SuggestionsContributions AgencyMercantile agency credit reference agency Multilateral Investment Guarantee Agency (MIGA) federal agency security Agency cost view Federal agency bond Administrative agency Fiscal agency services Agency Agency bank Agency basis Agency problem Agency securities Agency incentive arrangement Credit reference agency Central Intelligence Agency agency securities Sole importing agency Federal agency securities Agency costs |
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