Agency
In Maryland, an implied agency may be created when:
AA written buyer-broker agreement is signed
BA licensee's conduct and communications lead a consumer to reasonably believe they are being represented✓ Correct
CA listing agreement expires
DBoth parties agree to sub-agency
Explanation
Implied agency in Maryland arises from conduct rather than written agreement — if a licensee acts in a manner that leads a consumer to believe they are their agent, an implied agency may be created.
Related Maryland Agency Questions
- An agent who works with a buyer but has NOT entered a buyer-agency agreement is considered to be:
- Which fiduciary duty requires an agent to place the client's interests above their own?
- In Maryland, which disclosure form must a licensee provide to a buyer or seller at the first meeting involving a specific property?
- In Maryland, the agency disclosure pamphlet given to consumers informs them of:
- A Maryland listing agent learns the seller is willing to accept $20,000 less than the listed price. This information is:
- In a Maryland dual agency arrangement, the agent must obtain written consent from:
- In Maryland, which type of agency relationship requires NO formal written agreement?
- The duty of 'loyalty' owed by a Maryland agent to a client means the agent must:
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