AgencyIntermediateDelaware Exam
What is 'implied agency' in Delaware real estate?
AAn agency expressly created by a written contract
BAn agency relationship created by the actions and conduct of the parties rather than explicit agreementCorrect
CAn agency created automatically when a licensee shows a property
DAn agency relationship that is implied by the MLS terms
Why An agency relationship created by the actions and conduct of the parties rather than explicit agreement Is Correct
Answer B: An agency relationship created by the actions and conduct of the parties rather than explicit agreement
Implied agency arises from the conduct of the parties — when a licensee's actions lead a party to reasonably believe the licensee is representing them, even without a formal written agreement.
Exam Tip: Agency
Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.
Key Agency Terms in This Question
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