Agency
What is 'agency coupled with an interest' in Kansas real estate?
AA standard buyer's agency relationship
BAn agency where the agent has a property interest in the subject of the agency, making it irrevocable without mutual consent✓ Correct
CAn agency between two brokers cooperating on a transaction
DA dual agency relationship
Explanation
Agency coupled with an interest exists when the agent has a personal stake (property interest) in the subject matter of the agency. Unlike ordinary agencies, it cannot be unilaterally revoked by the principal.
Related Kansas Agency Questions
- A Kansas agent helps a buyer purchase a property. The buyer later discovers major problems the agent knew about but did not disclose. The agent may be liable for:
- When a Kansas seller's agent learns the seller is willing to accept less than the listed price, the agent must:
- A Kansas real estate agent who owes fiduciary duties to a seller is considered to be in what type of relationship?
- A Kansas real estate agent inadvertently tells the buyer's agent the seller's bottom price. This slip violates the duty of:
- In Kansas, a seller who hires a listing broker gives the broker a general power to:
- What does 'confidentiality' require of a Kansas buyer's agent?
- A Kansas licensee who learns that a listed property had a murder in it within the past 3 years should:
- A Kansas licensee who becomes aware of a pending rezoning that would affect a property they are listing must:
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