In a transaction where Kentucky broker Karl designates Marcee and George to represent the seller and buyer, respectively, who is/are the dual agent(s)?

In this scenario, the correct identification of the dual agent involves understanding the role of the broker in a designated agency situation. Here, broker Karl has designated Marcee to represent the seller and George to represent the buyer.

A dual agent in this context is a broker who represents both parties in a transaction, which is permissible under certain conditions in Kentucky. Since Karl acts as the broker managing the overall transaction and maintains responsibility for representing both the seller and the buyer through his designated agents (Marcee and George), he remains the dual agent.

Marcee and George are not considered dual agents because they each represent only one party in the transaction—the seller and the buyer, respectively. This system is designed to allow each agent to fully advocate for their client’s best interests while the broker oversees the entire process. Thus, the correct answer is that Karl is the dual agent in this situation.