543B.58 Licensees representing more than one client in a transaction. 1. A licensee shall not be the agent for both a buyer and a seller to a transaction without obtaining the written consent of both the buyer and the seller. The written consent shall statethat the licensee has made a full disclosure of the type of representation the licensee willprovide. The consent to multiple representation shall contain a statement of the licensee’sduties under section 543B.56, subsection 1, a statement of the licensee’s duties to the clientunder section 543B.56, subsection 2, paragraphs 'b' and 'c', and a statement that the clientsunderstand the licensee’s duties and consent to the licensee’s providing brokerage servicesto more than one client. 2. A consent to multiple representation may contain additional disclosures by the licensee or additional agreements between the licensee and the clients that do not violate any duty ofa licensee under this chapter. 95 Acts, ch 17, §4Referred to in §543B.56, 543B.61 Sat Dec 23 01:45:49 2023 Iowa Code 2024, Section 543B.58 (18, 1)
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