Agency
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Broker
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| The fidicuary relationship between a broker and a principal or broker and a client | show 🗑
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| A party acting for another in a position of trust-a broker, an agent | show 🗑
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| The relationship based on trust- the relationship governed by the law of agency between a broker and a principal | show 🗑
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| A party represented by a broker in an agency relationship- also called a client | show 🗑
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| show | Client
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| A third party- one a broker is working with, but who is not represented by that broker | show 🗑
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| show | Buyer Representation Agreement
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| show | Listing Ageement
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| An employment contract obligating a broker to act as a fidicuary to a property owner | show 🗑
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Created by:
Shirilyn
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