Agency
When an Alabama salesperson represents a buyer, the employing broker is considered to be:
AA dual agent automatically
BAlso the buyer's agent through the vicarious agency of the salesperson✓ Correct
CA transaction broker by default
DA subagent of the listing broker
Explanation
In Alabama, when a salesperson represents a buyer, the employing broker is also the buyer's agent through vicarious liability — the broker is legally responsible for the salesperson's acts.
Related Alabama Agency Questions
- In Alabama, agency relationships are most commonly created by:
- In Alabama, the listing broker's duty to present all offers to the seller means:
- A buyer's broker discovers that the seller is facing foreclosure — information not directly related to the property. The buyer's broker should:
- Which of the following situations is an example of an agent violating their fiduciary duty of loyalty?
- A seller's agent who discovers a serious foundation crack that the seller has concealed should:
- An Alabama agent who receives offers on a listing is required to present them:
- An agent is required to pass along all offers to the seller, but may an agent refuse to present an offer at the seller's explicit written request?
- A real estate agent's authority to bind their principal in a contract is known as:
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