Which entity establishes dual agency requirements in California?

In California, the entity responsible for establishing dual agency requirements is the California Bureau of Real Estate (CalBRE). This bureau operates under the California Department of Consumer Affairs and oversees real estate licensing, enforcement of real estate laws, and the regulation of real estate practices.

Dual agency occurs when a single real estate agent or broker represents both the buyer and the seller in the same transaction. The Bureau provides specific guidelines and requirements on how dual agency must be handled to protect consumers and ensure transparency. This includes obtaining informed consent from both parties and disclosing the implications of such representation. This set of regulations is crucial for maintaining ethical standards and protecting the interests of all involved parties in real estate transactions.

While local real estate boards and the National Association of Realtors have their own sets of rules and ethical standards for their members, they do not establish the legal requirements for dual agency. The California Department of Justice is involved in upholding laws but does not set the operational guidelines for dual agency as a governing body. Hence, the correct choice points directly to the primary regulatory authority on real estate practices in the state.