Which role may involve representing multiple clients simultaneously?

Prepare for the TREC Law of Agency Exam. Study with multiple-choice questions and detailed explanations. Get confident for your test!

The role of representing multiple clients simultaneously is best captured by the choice that includes both tenant and landlord representatives. In many real estate transactions, especially in commercial or leasing contexts, a tenant representative may work with multiple tenants looking for space, while a landlord representative may represent several landlords who have properties available for lease.

When properly disclosed and handled, a representative in these roles can manage the interests of different clients, particularly where the properties and the tenants' needs do not create conflicts of interest. This capacity to represent multiple clients ensures that both sides of a transaction can be effectively served, especially in a competitive market where demand and supply can fluctuate.

In contrast, a real estate agent typically represents a single client in a transaction, ensuring a fiduciary duty to that client's best interests, which may limit their ability to represent both sides simultaneously in the same transaction. Thus, the distinction of representing multiple clients is primarily a characteristic of those who act as representatives for either landlords or tenants, hence supporting the idea that both tenant and landlord representatives can take on multiple clients.

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