Lesson 10 Chapter 9

A person authorizing another to represent him/her is known as what?

When a principal appoints someone to act as his agent, and the agent accepts the appointment – this is known as what?

An agent who is authorized to act in one or more specified areas of principal’s affairs – is known as what?

a mistake, accident, or misconduct resulting in injury/financial harm to another is known as what?

Someone who acts for benefit of another in relationship founded on trust and confidence – is known as what?

The mixing of trust funds with personal funds is known as what?

A financial benefit agents receive without a principal’s consent is known as what?

A problem with property not discoverable through a casual inspection is known as what?

https://player.vimeo.com/video/151738030

If a buyer asks about the presence of registered sex offenders in the area, what should you as an agent do?

If a home you had listed burns down is there still a valid agency agreement?

https://player.vimeo.com/video/151738027

A fee paid up front, before an agent starts working for the buyer is known as what?

Dual agency occurs most often in which type of transaction?