Agency
In Idaho, 'subagency' occurs when:
AA buyer hires two agents simultaneously
BA listing broker authorizes another broker to act as agent for the seller✓ Correct
CAn agent represents both buyer and seller
DA property manager hires a maintenance contractor
Explanation
Subagency arises when a listing broker authorizes another (cooperating) broker to act on behalf of the seller. The cooperating broker becomes a subagent of the listing broker and owes fiduciary duties to the seller.
Related Idaho Agency Questions
- A seller's agent in Idaho discovers a material defect after the listing agreement is signed. What is their duty?
- Under Idaho Agency Disclosure Law, which form must a licensee provide at first substantial contact?
- The duty of obedience in agency relationships requires an agent to:
- Under Idaho law, seller's agents must disclose to buyers all:
- A buyer's agent in Idaho owes which of the following duties to the seller?
- When an agency relationship is terminated by operation of law, which of the following could cause termination?
- Which of the following terminates an Idaho agency relationship?
- In Idaho, what is a 'listing agent's' responsibility regarding offers from unrepresented buyers (FSBO sellers' equivalent in the buyer context)?
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