Agency
In Florida, an ostensible agency (also called 'apparent agency') can be created when:
AA licensee signs a listing agreement with a seller
BA principal's conduct leads a third party to reasonably believe an agency exists✓ Correct
CA buyer hires a buyer's agent
DFREC approves a brokerage relationship
Explanation
Ostensible or apparent agency arises when a principal's words or conduct lead a third party to reasonably believe that an agency relationship exists, even if no formal agreement was made. The principal may be bound by the ostensible agent's actions.
Related Florida Agency Questions
- Under Florida's Brokerage Relationship Disclosure Act, the default brokerage relationship (when no written agreement exists) is:
- A Florida real estate broker represents both the buyer and the seller in the same transaction as a single agent for each. This arrangement is called:
- Which of the following BEST describes 'procuring cause' in determining commission disputes in Florida?
- In Florida, a 'designated sales associate' arrangement is ONLY available when:
- Under Florida's single agent relationship, the duty of 'obedience' requires the agent to:
- A Florida listing broker receives two offers simultaneously — one from a buyer represented by the listing broker's own company and one from an outside company. The broker's duty is to:
- A Florida seller asks their listing broker to not disclose that the property flooded last year. The broker should:
- In Florida, a 'transaction broker' owes which of the following duties to both parties?
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