Transaction Broker
Posted by PRO Sat, 25 Mar 2006 16:13:23 GMT
A legal brokerage relationship in which the broker provides limited representation to a buyer, a seller, or both in a real estate transaction, but who does not represent either party in a fiduciary capacity or as a single agent. Under Florida law all brokers are presumed to be transaction brokers unless the client or customer requests in writing to have another form of representation; single agent or nonrepresentative broker.