Current as of January 01, 2020 | Updated by FindLaw Staff
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1. A real estate brokerage firm, through a designated broker, may appoint in writing to a client the licensee or licensees within the brokerage firm who will act as appointed agent of that client to the exclusion of all other licensees within the brokerage firm.
2. If a real estate brokerage firm appoints an appointed agent for clients of the agency who are, or may be, parties in the same real estate transaction, the brokerage firm and its licensees are not dual agents as to those clients, and there is no imputation of knowledge or information among or between said clients, the real estate brokerage firm, and the appointed agents.
3. Nothing in this section prevents a real estate brokerage firm from entering a dual agency relationship with its clients after complying with any disclosure requirements provided by this chapter or by rules adopted under this chapter.
Cite this article: FindLaw.com - North Dakota Century Code Title 43. Occupations and Professions § 43-23-12.3. Brokerage firm may appoint agents - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-43-occupations-and-professions/nd-cent-code-sect-43-23-12-3/
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