Common Law Duties And Agents Authority

Question 1

Common law duties

Answer 1

Act honestly 
Not allow conflict of interest 
Be competent 
No secret profit 
Not delegate 
Account in full to client 
Be confidential

Question 2

Authority

Answer 2

Ratification
Implication of law
Estoppel
Express app

Question 3

Ratification

Answer 3

Where agent enters into negations with tenant landlord will ratify this

Question 4

Implication of law

Answer 4

Law can impose agency ralatuondhio into landlord out of necessity

Question 5

Estoppel

Answer 5

If landlord was to act if letting agent had auth to act on their behalf it would be unfair for landlord to deny this

Question 6

Express app

Answer 6

Landlord give authority to agent to to act through contract The authority of letting agent comes to an end when contract comes to an end

Question 7

List what is unusual authority that estate agent can do

Answer 7

Describe property
Market property
Receive offers 
Pass offers
Take instruction on whether or not to accept offer