In Georgia, designated agency is defined by state statute not to be dual agency. D. Dual Agency: Georgia law allows both parties to agree to have one agent or broker represent them in a real estate transaction at the same time.Click to see full answer. Subsequently, one may also ask, what is the difference between dual agency and designated agency?In most US states, with a dual agency, the same real estate agent represents both the buyer and the seller of a particular property. An example of the exception to this rule is that in California, an agent that represents both the buyer and the seller of a home is called a designated agency.Likewise, is a property disclosure statement used in Georgia? Anyone who has bought or sold a home in Georgia is familiar with the Seller Property Disclosure Statement. This multi-page checklist is designed to help sellers disclose to buyers known property defects, as required under Georgia law. The law, however, requires a seller to disclose any known latent property defects. Besides, is an agency disclosure form used in Georgia? In Georgia the form is not actually required by the Real Estate Commission, but some states do have mandated forms. The licensee must make disclosures for a variety of conditions and situations, but a seller property disclosure form does not actually have to be attached to a listing or a contract.Who is a sub agent?Definition of subagent. : a subordinate agent : an agent (such as a real estate broker) who is authorized by another agent to act in that person’s place In a subagency, the selling broker is a subagent of the seller because the selling broker derives his/her authority from the listing broker.—

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