What's an ICA in real estate?
INDEPENDENT CONTRACTOR AGREEMENT (ICA)
What is a Ica contract?
Traditionally, an Interconnection Agreement (ICA) is a regulated contract between telecommunications carriers for the purpose of interconnecting their networks and passing traffic on the PSTN.
Can a salesperson work for two brokers in California?
Yes, under the Real Estate Law, a broker-associate can work in the capacity of a salesperson for another responsible broker(s) and also work as an independent broker. However, an affiliation agreement signed by the responsible broker and the broker-associate may prohibit such activity.
Can a broker represent both buyer and seller in California?
It is well known that under California law a real estate broker may act as a “dual agent” for both the seller and the buyer in a property transaction, provided both parties consent to the arrangement after full disclosure. In such representation, a dual agent owes fiduciary duties to both buyer and seller.