Agency
Under Hawaii agency law, a 'subagent' is an agent who:
ARepresents the buyer exclusively
BWorks for the same brokerage as the listing agent
CIs appointed by the seller's agent to assist in performing the agent's duties, still owing duties to the seller✓ Correct
DHas authority to sign contracts on behalf of a principal
Explanation
A subagent is appointed by the listing agent to assist in marketing the seller's property. The subagent owes fiduciary duties to the seller (as the principal), even though they may work with the buyer.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
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