Agency
In Maine, which of the following is an example of 'express agency'?
AA buyer repeatedly using the same agent without a written agreement
BA written buyer brokerage agreement signed by both the broker and buyer✓ Correct
CAn agent who assumes they represent a buyer after showing properties
DAgency implied by the conduct of the parties
Explanation
Express agency is created by written or oral agreement. A signed buyer brokerage agreement is the clearest example of express agency in Maine real estate.
Related Maine Agency Questions
- In Maine, a subagency relationship exists when:
- When must a Maine licensee disclose their agency relationship to a potential buyer at an open house?
- Under Maine law, a seller's agent must disclose to the seller:
- In Maine, a 'buyer's agent' owes fiduciary duties exclusively to:
- A Maine licensee who represents a seller must disclose to all buyers:
- Under Maine agency law, a 'facilitator' (transaction broker) may:
- The fiduciary duty of 'accounting' in a Maine agency relationship requires the agent to:
- In Maine, 'vicarious liability' means that a broker may be liable for the actions of their salespersons:
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