Agency (alternative)
In Maryland, an agent who acts as a buyer's agent without a signed buyer-broker agreement:
AHas no legal authority to represent the buyer
BMay still have an implied agency relationship and the fiduciary duties that come with it✓ Correct
CIs automatically a sub-agent of the seller
DCannot receive any compensation
Explanation
Even without a written buyer-broker agreement, an agent's conduct can create an implied agency relationship with the buyer, triggering fiduciary duties regardless of the formal documentation.
Related Maryland Agency (alternative) Questions
- In Maryland, a designated agent owes fiduciary duties to:
- In Maryland, an agent who inadvertently overhears information about the opposing party's negotiating position should:
- In Maryland, which of the following is NOT a fiduciary duty owed by an agent to their client?
- Under Maryland law, can a real estate agent represent a buyer in a transaction where the agent's own brokerage holds the listing?
- A Maryland sub-agent of the seller discovers during a showing that the buyer is planning to demolish the home and build a larger one. The sub-agent should:
- A Maryland buyer's agent whose license expires mid-transaction may:
- A Maryland listing agent who accepts a back-up offer while the primary contract is pending must:
- When a Maryland buyer's agent is also representing the seller (dual agency) and cannot give full loyalty to either party, the agent must:
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