Agency
Subagency exists when:
AA buyer hires two agents to compete for the listing
BAn agent represents the seller's broker's client✓ Correct
CA licensee works as an independent contractor
DTwo brokers form a partnership
Explanation
Subagency occurs when one broker acts on behalf of another broker's client, typically when a selling broker is a subagent of the listing broker and thus represents the seller.
Related Kentucky Agency Questions
- A Kentucky buyer's agent discovers after contract execution that the property has a significant foundation problem the seller did not disclose. The agent should:
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