agency

Intra-Company Agent (Maryland)

Under BOP §17-530.1, when one Maryland brokerage represents both seller and buyer, only the broker or a designated branch office manager may act as dual agent, with the written informed consent of all parties. The dual agent must assign one affiliated licensee as intra-company agent for the seller and a different one for the buyer. Each intra-company agent gives full services to its own client, including advice on price and negotiation, and may share confidential information only with the dual agent.