Agency
A salesperson's agency authority is best described as:
AIndependent authority derived from their license
BDelegated authority granted by the employing broker✓ Correct
CDirect authority granted by the client to the salesperson
DStatutory authority granted by the Alaska Real Estate Commission
Explanation
A salesperson's authority to act as an agent flows through the employing broker. The broker is the agent, and the salesperson acts on the broker's behalf as a subagent. The broker is responsible for all salesperson activities.
Related Alaska Agency Questions
- In Alaska, an agent's duty to the client 'to account' for all money or property received includes:
- Under Alaska agency law, a licensee acting as a 'facilitator' (non-agent) owes which duties?
- An agent who represents neither the buyer nor the seller but facilitates the transaction is known as a:
- Ostensible (apparent) agency in real estate most commonly arises when:
- An agent's duty of loyalty to a client means the agent must:
- The fiduciary duty of 'obedience' requires the agent to follow all client instructions EXCEPT:
- In Alaska, a 'disclosed dual agency' arrangement requires:
- In Alaska, designated agency means:
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