Agency Explanations-Dual Agency Dual Agency Guidelines A licensee may act as a disclosed dual agent only with the prior informed and written consent of all parties. Consent is presumed to be informed if a party signs a completed copy of the agency disclosure form prescribed by the commission. The form shall specify the transaction in which a licensee shall serve as dual agent and shall state: (1) A licensee may act as a disclosed dual agent only with the prior informed and written consent of all parties. The informed consent must be evidenced by a dual agency agreement, promulgated by the commission, and must be signed by the buyer before writing an offer and by the seller before signing the sales contract. The agreement must specify the transaction in which a licensee is serving as dual agent and must state that;    (a) in acting as a dual agent, a licensee represents clients whose interests may be adverse and that agency duties are limited; (b) the dual agent may disclose information gained from one party to another party if the information is relevant to the transaction, except if the information concerns: (i) the willingness or ability of a seller to accept less than the asking price; (ii) the willingness or ability of a buyer to pay more than an offered price; (iii) confidential negotiating strategy not disclosed in an offer as terms of a sale; or (iv) the motivation of a seller for selling property or the motivation of a buyer for buying property. (c) the clients may choose to consent to disclosed dual agency or may reject it; and (d) the clients have read and understood the agency agreement and the agency disclosure form and acknowledge that their consent to dual agency is voluntary.