Section 3 Flashcards
1
Q
What does common law protect?
A
The client (landlord)
2
Q
What are the 4 ways that a lettings agency and landlord relationship can form?
A
Ratification
Implication of law
Estoppel
Express appointment/express authority
3
Q
What is ratification?
A
When the letting agent, without any authority from the landlord, enters into negotiation and contractual arrangements with a tenant. Later, the landlord, with full knowledge of the agents actions, adopts the contract entered into with the tenant,