Agency
What is 'estoppel' in the context of Delaware real estate agency?
AA method of preventing an agent from changing brokerages mid-transaction
BA legal principle that prevents a party from acting inconsistently with a prior representation they made — e.g., an agent who told a buyer they were representing the buyer cannot later claim they were a seller's agent✓ Correct
CA court order stopping an unauthorized real estate transaction
DA Delaware Real Estate Commission rule prohibiting certain agent conduct
Explanation
Estoppel prevents a party from asserting a position inconsistent with a prior representation or conduct when another party has relied on that representation. In real estate agency: if a listing agent consistently acted as the buyer's agent and the buyer relied on this, the agent may be estopped from later claiming they only represented the seller. This is why written agency agreements and proper disclosures are essential.
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