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Real Estate > Chapter 9 (Definitions) > Flashcards

Chapter 9 (Definitions) Flashcards

1
Q

Agent

A

Represents interest of another

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2
Q

Principal

A

Hires Agent, delegates

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3
Q

Agency

A

The fiduciary relationship between the principal and the agent

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4
Q

Client

A

Principal or 3rd party client

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5
Q

Customer

A

3rd, Party, NO fiduciary obligation (Not represented)

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6
Q

Non-agent

A

Works with buyer and sell

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Real Estate (11 decks)

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