Which brokerage relationship is not permitted according to Florida laws?

In Florida, a single agency relationship is defined as a situation where a real estate broker represents the interests of one party in a transaction, whether it be the buyer or the seller. This relationship is characterized by the duty of full confidentiality, which is one of the key benefits for the client. The law emphasizes that a single agent must represent the principal's interests with the utmost loyalty and confidentiality.

Choosing limited confidentiality contradicts the essence of a single agency relationship. If confidentiality is limited, then the broker would not be fulfilling their fiduciary duty to keep the client’s information confidential and protect their interests fully. Therefore, a single agency with limited confidentiality is not permitted under Florida law, as it fails to meet the legal standards that guarantee full representation and loyalty to the client.

In contrast, other relationships like transaction brokerage or designated agency maintain varying levels of confidentiality that are consistent with their respective duties and obligations. Transaction brokerage allows for limited confidentiality, and designated agency provides a way for multiple agents to represent different clients from the same brokerage without violating confidentiality.